Block of flats for sale in Balmoral Road, Gillingham ME7

Guide price £800,000
Interested in this property? Call +44 20 8022 4398 * or Request Details

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Block of flats for sale

Tenure:
Freehold
Council tax band:
D

Property features

  • Central heating
  • Double glazing
  • 6 x one bedroom apartments

Property description

Freehold block of 6 one bedroom apartments. All tenanted at between £650 and £750 per month. The property has been identified as being suitable for assisted living and as such the buyer may be able to obtain a long term lease at a higher rent from a housing association/ registered provider (to be negotiated).

Alternatively the building could be bought to split the title and sell the individual leasehold flats at an uplift.

In the heart of Gillingham, within a few minutes walk from the rail station and high street.

Further pictures, viewings, and price available upon request. This sale is part of a wider disposal from one of our related companies.

Contact us for off-market, ready-tenanted investments nationwide; our team of acquisition specialists scan the UK to bring our investor network ideally located, oven-ready property investments that offer better value potential in pre-vetted areas.
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For more information about this property, please contact
Queensbridge Estates, BR3 on +44 20 8022 4398 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Queensbridge Estates, and do not constitute property particulars. Please contact Queensbridge Estates for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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