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See how verdicts work2-bedroom flat · DA11 7FJ
Listing removedListed 244 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** guide price £250,000 to £260,000 *** An excellent opportunity to purchase this bright and spacious ground floor apartment which offers a generous 690 sq.ft of living space.
Located adjacent to open fields and within easy reach of local Morrisons and Lidl super stores together with a small selection of other commercial outlets plus the ever popular Toby Carvery, access to the M2 and Gravesend town centre is approximately 1.9 miles driving distance.
This ground floor property benefits from large entrance hallway with generous storage cupboards, lounge/diner, well equipped kitchen with integrated appliances, shower room, central heating, double glazing, allocated parking and communal gardens.
Viewing immediately recommended as this available property is expected to sell fast. Entrance Hall Door to apartment, two large storage cupboards, security entry phone system.
Lounge/Diner 16'x14'7 (4.88m x 4.45m) Dual aspect ddouble glazed windows, radiator, open plan to: Kitchen 14'7x6'8 (4.45m x 2.05m) A extensive range of light colour units and contrasting grey coloured work surfaces, single drainer sink unit, integrated appliances with include Electrolux oven and hob with extractor fan over, Zanussi dishwasher, washer/dryer and fridge freezer, double glazed window, cupboard housing Ideal gas fire boiler.
Bedroom One 11'10x10'7 (3.62m x 3.25m) Double glazed window, radiator. Bedroom Two 11'10x7'7 (3.62m x 2.32m) Double glazed window, radiator.
Shower Room Large walk in shower cubicle, pedestal wash hand basin, low level wc, heated towel rail, part tiled walls, double glazed window.
Residents Car Park Allocated parking bay belonging to property. Communal Gardens Laid to lawn, shrub borders, adjacent to open fields. Tenure Leasehold.
Lease Remaining: 996 Years Service Charge; £1,100 Per Annum No Ground Rent Council Tax Gravesham Borough Council. Band D.
Buyers Information Pack Please see below a link to the Buyers Information Pack / ta Forms: Bd1dc Agents Note Reservation Option Agreement available with this property, see Agents for further details.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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
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FAQ
About Flat 1, 87, Cornfield Drive, Kent
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