1-bedroom flat · DA12 1NT
Listing removedListed 250 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £170,000 - £200,000 Guide Price £170,000 - £200,000 Situated on the ever-popular Joy Road in Gravesend, this charming one-bedroom ground floor flat offers 447 sq. Ft. (41.5 sq.
M.) of well-arranged living space, a private rear garden, and the rare advantage of a share of the freehold.
The accommodation comprises a good-sized living room providing comfortable space for both relaxing and dining, a neatly fitted kitchen with practical storage and worktop space, and a well-proportioned double bedroom.
The neatly fitted bathroom is presented in good order, completing the internal layout.
To the rear, the property benefits from a nicely sized private garden featuring both a patio area and lawn – ideal for outdoor dining, entertaining, or simply enjoying the warmer months.
A garden shed provides useful additional storage. The property is offered as a leasehold sale; however, the new owner will automatically become a 50/50 shareholder of the freehold for the building.
The building itself comprises just two flats – this ground floor apartment and one first floor flat – and is a listed building, adding to its character and appeal.
Further benefits include permit parking.
Conveniently located, the property is approximately a 5-minute walk to Echo Square shops, 15–20 minutes on foot to Gravesend town centre and train station, around a 4–5 minute walk to a bus stop, and approximately 10 minutes’ walk to St John’s School.
This property would make an excellent first-time purchase, downsize, or investment opportunity, combining character, outdoor space, and a highly convenient location.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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 4, Joy Road, Gravesend
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