51, Bond Road, Kent, ME8 9JJ

2-bedroom flat · ME8 9JJ

768 sq ftEPC C1 bath

Asking

£160,000

Listing removedReduced £30k (−15.8%) on 20 JunListed 161 days

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About

The property

Robinson Michael & Jackson are proud to present this spacious and well-presented two bedroom flat, ideal for first time buyers or investors alike.

The property offers bright and airy accommodation throughout and further benefits from the added convenience of a garage included with the property.

Situated close to local amenities and transport links, this is a fantastic opportunity not to be missed.

Key terms Discover the allure of Rainham and Gillingham, nestled in the heart of the Medway Towns.

These neighbouring communities offer a unique blend of tranquillity and convenience, with picturesque landscapes and excellent transport links, including direct train services to London city centre.

Residents benefit from a variety of shopping destinations such as Hempstead Valley Shopping Centre and Gillingham Business Retail Park, along with a plethora of local pubs and restaurants to enjoy.

Both towns boast well-respected schools, including Rainham Mark Grammar, ensuring quality education for families.

Moreover, Rainham and Gillingham provide ample open space and recreational facilities, including Capstone Country Park, Berengrave Nature Reserve, Riverside Country Park, the Planet Ice Skating Rink, the Ski & Snowboard Centre, and Great Lines Heritage Park.

This abundance of amenities caters to diverse interests and lifestyles, making these towns not just places to live, but communities to thrive in.

Entrance Hallway (13' 2" x 6' 11" (4.02m x 2.12m)) Lounge (17' 7" x 15' 6" (5.35m x 4.73m)) Double glazed window to rear. Electric fire. Laminate flooring. Radiator.

Kitchen (13' 6" x 10' 4" (4.12m x 3.14m)) Double glazed window to front. Range of wall and base of units with worksurface over. Space for fridge. Double oven. Induction hob. Space for washing machine.

Sink. Laminate flooring. Bedroom One (13' 2" x 10' 10" (4.02m x 3.29m)) Double glazed window to rear. Carpet. Storage heater.

Bedroom Two (11' 10" x 6' 8" (3.6m x 2.03m)) Double glazed window to front. Carpet. Storage heater. Bathroom (7' 0" x 6' 1" (2.14m x 1.85m)) Double glazed window to front. Low level WC.

Wash hand basin. Corner bath shower over. Carpet.

Key information

Price per sq ft

£208/sq ft

Based on 768 sq ft (71 sq m)

Floor area

768 sq ft (71 sq m)

Council tax band

Band B

Estimated ~£1,400/year

EPC rating

current

Tenure

Leasehold (124 years)

Property age

Built 1991–1995

Local authority

Medway

Unitary Authority

Value & comps

What is it worth?

No previous sales on record.

Comparable salesNo comps yet

No comparable sales matched this property yet.

Returns

What does it return?

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Rent evidence

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Local SA Market

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Investment Disclaimer

This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.

All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.

Past performance does not guarantee future results. Tax implications vary by individual circumstances.

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Deal

Is it a deal?

Archie’s verdict

Archie has scored this property.

Deal score · weighted

Weak signals — move on

Factor breakdown

BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.

0/25

Yield potential—

0/25

Motivation signalsNot enough data

0/25

Days on market161 days · price-fatigue

17/25

—

Seller motivation

Not scored yet

Days on market161

Price reduction-15.8%

STC fall-through—

Back to market—

Agency change—

EPC ratingC

Listing timeline

First listedListed at £190,00015 May 2026

Price reduced£190,000 → £160,000 (−15.8%)20 Jun 2026

Still activeDay 161 on marketToday

Strategy fit

No strategy scores available yet.

Article 4Not verified - check with the council

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.