1-bedroom flat · ME4 3JQ
Sold STCListed 103 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautifully Presented One-Bedroom First-Floor Flat Guide £190,000-200,000 Welcome to this deceptively spacious and well-presented first-floor flat, complete with private parking and its own outdoor space.
Perfect for first-time buyers, investors, or those seeking a peaceful retreat, this charming home offers comfort, style, and convenience in a tranquil setting.
Upon entering, you are greeted by a bright and welcoming interior, decorated in neutral tones throughout.
The spacious living and dining area provides an inviting space to relax or entertain, enhanced by large windows that fill the room with natural light.
The purpose-built layout ensures every inch of this one-bedroom flat is used efficiently.
The generous bedroom offers ample space for a double bed and furnishings, providing a cosy and restful environment.
The modern bathroom features stylish fixtures and fittings, combining practicality with a contemporary finish.
A standout feature of this property is the private outdoor patio, accessed through French doors from the lounge — a perfect spot to enjoy morning coffee, evening drinks, or alfresco dining in your own secluded space.
Offered with no onward chain, this property allows for a smooth and hassle-free move, ideal for both homeowners and investors Located in the sought-after area of St Mary’s Island, this home enjoys a peaceful waterside setting close to scenic riverside walks, local shops, and restaurants.
It provides the ideal balance between serene living and easy access to nearby amenities.
A delightful opportunity to secure a low-maintenance home in one of Medway’s most desirable residential locations.
---- Tenure - Leasehold Ground rent - £200 per annum Service Charge - approximately £2280 per annum Years remaining on lease - 103 years Council Tax - C EPC - C The information we hold for this property is obtained from the Vendor (the person or company selling the property).
Anyone interested in this property is advised to obtain verification on all points from their Solicitor or Surveyor.
Reference to the Tenure of this property is based on information supplied by the Vendor. Any Buyer(s) is/are advised to obtain verification from their Solicitor.
We have not tested any apparatus, equipment, fixtures and fittings and so cannot verify that they are in working order or fit for purpose.
Please do not rely on this information when deciding to proceed. Dockside are members of The Property Ombudsman & our Client Money Protection provider is Propertymark.
The information provided for this property has been supplied by the Vendor (the seller) and is believed to be accurate.
However, prospective buyers should rely on their own enquiries and obtain independent verification from their Solicitor or Surveyor regarding all aspects of the property, including tenure information.
Dockside has not tested any services, systems, appliances, fixtures, or fittings and therefore cannot confirm that they are in working order or fit for purpose.
Measurements, descriptions, and photographs are provided for guidance only and should not be relied upon when making a purchasing decision.
Dockside are members of The Property Ombudsman and our Client Money Protection provider is Propertymark.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 advisers 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.
Area
Agent & docs

FAQ
About Phalarope Way, St. Marys Island, Chatham, ME4
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