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See how verdicts work2-bedroom flat · SP8 4EE
Listing removedListed 193 days
Opportunity summary
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About
A spacious and well proportioned two bedroom first floor flat, situated within easy walking distance of Gillingham town centre and mainline railway station.
Gillingham is a thriving market town with a good range of shops, supermarkets, cafés, pubs, schools and everyday amenities, with some lovely rural walks also easily accessible from the doorstep.
Comprising a bright sitting and dining room, a kitchen with good cupboard space and two well sized bedrooms all served by a family bathroom, this much loved home has been with the current owner since 2008 and is presented to the market with no onward chain.
With no age restrictions, the flat makes an ideal lock up and go, rental investment or retirement home, all within easy reach of the town centre.
A garage and parking space to the front are included, with no garden.
The lease is in the final stages of being extended to 999 years, with a small monthly service charge of £10 to the Residents' Association for maintenance of the communal areas.
The freehold is owned by a management company of which each property owner becomes a member. The Property Inside A welcoming entrance hall leads through to the principal rooms.
The sitting and dining room is a generous and comfortable reception space, enjoying a good degree of natural light and a pleasant outlook.
The kitchen is fitted with light wood grain effect units and laminate worktops, with plenty of cupboard and storage space and two windows making it a bright and well proportioned room for its size.
Two good sized bedrooms are found, both well proportioned and enjoying a pleasant outlook. All rooms are served by the family bathroom, which completes the accommodation.
Outside Garage & Parking The property benefits from a single garage with a parking space to the front, providing useful additional storage as well as secure off road parking.
The block itself has communal grounds maintained by the Residents' Association.
Useful Information Energy Efficiency Rating C Council Tax Band B Mains Gas Heating Upvc Double Glazing Mains Drainage Leasehold - Lease is being extended to 999 years Service Charge of £10pcm No Onward Chain Location And Directions Gillingham is a thriving Dorset market town with a good range of shops, supermarkets, cafés, public houses, primary and secondary schooling and everyday amenities all close by.
The town also benefits from a mainline railway station with direct services to London Waterloo and the West Country, making it a popular choice for commuters.
The surrounding countryside provides some wonderful rural walks directly from the town. Postcode SP8 4EE What3Words ///custom.youngest.gurgling
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 6 St. Anns Court, Queen Street, Gillingham
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