Flat for sale in Ocean Drive, Gillingham ME7

£169,995
Interested in this property? Call +44 1634 799143 * or Request Details

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Flat for sale - 1 bedroom

1 1 1 EPC Rating: B EPC Rating: B

Tenure:
Leasehold
Time remaining on lease:
996 years
Service charge:
£1,742 per year
Ground rent:
£200
Council tax band:
Not available

Property features

  • Ideal Investment
  • Currently rented out
  • Popular area

Property description

Are you looking for your first buy to let investment or want to add to your portfolio? Then look no further than this top floor 1 bedroom apartment in the popular Victory Pier development built by Berkeley Homes on the Gillingham waterfront. The apartment is built to a high quality and has fantastic river views, it has been well looked after by the previous and current tenants. This property as an investment is ideal as this is a very popular place to live and we have always had no problems in renting the apartment out over the years.

The property already has a happy tenant who is looking after the property.

Property information

Rental Yield of 5.03% with potential to increase to 5.35% with a rent increase

Leasehold

986 years remaining on lease

Service Charge is £1,672 per year

Ground rent is £200 per year

Get in touch today to arrange a viewing

Communal Entrance Hall

Double Glazed Doors to Front entry to Wi-fi Lounge and access to Gym lifts and stairs to all floors.

Entrance Hall

Solid wooden front door, entry phone laminate flooring, airing cupboard housing washing machine and immersion tank.

Lounge/Kitchen (7.92 m x 3.22 m (26'0" x 10'7"))

Double glazed patio doors to balcony, laminate flooring, Inset single sink unit with drainer, range of wall and base units with integrated appliances, fridge/freezer, electric hob, extractor fan and dish washer.

Bedroom (3.96 m x 2.61 m (13'0" x 8'7"))

Double glazed tilt & turn window, carpet electric radiator, built in double mirror wardrobe.

Bathroom (2.34 m x 1.95 m (7'8" x 6'5"))

Panel bath, with built in shower, pedestal hand wash basin, low flush w.c., tiled flooring part tiled walls

Property info

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For more information about this property, please contact
Medway Premier Homes, ME4 on +44 1634 799143 * (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 Medway Premier Homes, and do not constitute property particulars. Please contact Medway Premier Homes 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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