1-bedroom flat · ME7 1GQ
Sold STCReduced £10k (−6.7%) on 20 AugListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern One-Bedroom Apartment with Private Balcony, Residents' Gym & Riverside Location Positioned within a popular modern development in Gillingham's sought-after riverside district, this stylish one-bedroom apartment offers contemporary living, excellent resident facilities, and superb convenience for both homeowners and investors alike.
Combining a well-designed layout with access to a residents' gym, communal spaces, and off-street parking, the property presents an ideal opportunity for first-time buyers, professionals, or those seeking a low-maintenance investment in a well-connected location.
Thoughtfully designed throughout, the apartment benefits from bright open-plan living, a private balcony, and secure entry, creating a comfortable and practical home suited to modern lifestyles.
Key Features Modern one-bedroom apartment Open-plan kitchen and living area Private balcony Spacious double bedroom Contemporary bathroom suite Residents-only gymnasium Secure entry system Well-maintained communal areas Off-street parking available on an unallocated basis Popular riverside location Excellent transport connections Ideal first-time purchase or investment opportunity The Accommodation Upon entering the property, you are welcomed into a bright and modern open-plan kitchen and living space, designed to maximise both functionality and comfort.
The kitchen offers a practical layout with ample storage and preparation space, while the living area provides a versatile setting for everyday living, dining, and entertaining.
Direct access from the living space leads onto a private balcony, offering an attractive outdoor extension of the apartment and a pleasant spot to enjoy a morning coffee or unwind after a busy day.
The bedroom is a generously proportioned double room, providing comfortable accommodation with space for additional furnishings and storage.
Completing the accommodation is a modern bathroom fitted with a contemporary suite and finished to a good standard.
Residents' Facilities A particular benefit of the development is the range of facilities available exclusively to residents.
These include a fully equipped on-site gymnasium, secure entry system, and well-maintained communal areas, all contributing to a convenient and enjoyable living environment.
Outside The development benefits from off-street parking available on an unallocated basis, providing flexibility for both residents and visitors.
Location Situated within one of Gillingham's popular riverside communities, the apartment enjoys excellent access to a wide range of local amenities, including supermarkets, cafés, restaurants, leisure facilities, and everyday conveniences.
Gillingham town centre and railway station are within easy reach, offering direct rail services into London and making the property particularly appealing to commuters.
The nearby waterfront and surrounding green spaces further enhance the location, providing opportunities for walking, recreation, and enjoying the area's evolving riverside setting.
Summary Offering modern accommodation, private outdoor space, excellent resident facilities, and a convenient riverside location, this attractive apartment represents an excellent opportunity for first-time buyers, professionals, and investors alike.
Combining lifestyle appeal with strong practicality, it is a property perfectly suited to contemporary living.
Viewing is highly recommended to fully appreciate the size and potential of this property.
Buyer Process: Our customers use British Homebuyers to either purchase or assist in selling properties quickly and reliably.
Therefore any new applicants to purchase are subject to vetting to ensure they meet strict criteria.
Exclusivity Fee: You can secure the purchase today by paying an exclusivity fee of £2,000 which gives you the rights to purchase within a given timeframe.
The exclusivity fee is returned to you upon successful completion of the property.
A processing fee of £200 is required in order to draw up an exclusive legally binding contract between the buyer and seller.
This gives the buyer exclusive rights to purchase within a pre-agreed timeframe.
Paying this fee ensures that the seller takes their property off the market and reserves it exclusively for you, therefore eliminating the risk of gazumping and aborted costs.
Disclaimer The particulars are set out as a general outline only for the guidance of intended purchasers and do not constitute, any part of a contract.
Nothing in these particulars shall be deemed to be a statement that the property is in good structural condition or otherwise nor that any of the services, appliances, equipment or facilities are in good working order.
Purchasers should satisfy themselves of this prior to purchasing. The photograph(s) depict only certain parts of the property. It should not be assumed that any contents/furniture etc.
Photographed are included in the sale. It should not be assumed that the property remains as displayed in the photograph(s).
No assumption should be made with regard to parts of the property that have not been photographed.
Any areas, measurements, aspects or distances referred to are given as a guide only and are not precise. If such details are fundamental to a purchase, purchasers must rely on their own enquiries.
Descriptions of the property are subjective and are used in good faith as an opinion and not as a statement of fact.
Please make further inquiries to ensure that our descriptions are likely to match any expectations you may have. Entrance Hall Lounge/Kitchen (6.7m x 3.23m) Bedroom One (3.8m x 2.7m) Bathroom
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
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 advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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About 23 Ensign House,, Pegasus Way, Kent
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