1-bedroom flat · DA12 1NT
Sold STCListed 211 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GUIDE PRICE: £150,000 - £160,000 Offered for sale with no forward chain, M&M Estate and Letting Agents are delighted to present this spacious first-floor one-bedroom apartment, set within the stunning and highly regarded Grade II Listed Parrock Hall.
This characterful home boasts a generous reception room with impressive high ceilings, creating a light and airy living space.
The double bedroom benefits from en-suite bathroom facilities, while the property also features a fitted kitchen, a large dressing room/storage area, and a separate W.C., offering excellent practicality and versatility.
Externally, the apartment enjoys the rare advantage of its own private rear garden, ideal for relaxing or entertaining.
Further benefits include a Share of the Freehold and an exceptionally long lease of approximately 961 years, making this an attractive long-term investment.
Joy Road is a quiet residential cul-de-sac, perfectly positioned within walking distance of Gravesend town centre and the mainline railway station, providing fast links into London in under 30 minutes.
For everyday conveniences, Echo Square is just moments away, offering a convenience store, takeaways, and the much-loved 84 Tea Rooms.
An ideal purchase for first-time buyers, downsizers, or investors seeking a unique period property in a highly convenient location.
We have been advised the following from the sellers: Lease Remaining - 961 Years Service Charge and Ground Rent Combined - £80pm ENTRANCE HALL: LOUNGE/DINER: 15’4 X 14’4 BEDROOM: 12’6 X 10’11 BATHROOM KITCHEN: SEPARATE W.C STORAGE CUPBOARD: 10’11 X 3’6 REAR GARDEN
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 Parrock Hall, Joy Road, Gravesend, Kent, DA12
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