Guide price
£160,000
(£244/sq. ft)
1 bed flat for saleBalmoral Road, Gillingham, Kent ME7
1 bed
1 bath
1 reception
657 sq. ft
EPC Rating: E
About this property
Amazing First-Time Buyer or Investment Opportunity
Just 407 Ft Walk to Gillingham Train Station
Only 0.7 Miles from Medway Maritime Hospital
Basement Providing Excellent Additional Storage or Potential Reception Room Conversion
Service Charge Equivalent to 50% of the Property Insurance, Agreement with the Tenant Above (around £200 - £250)
Excellent Selection of Local Amenities Nearby
Viewing Highly Recommended
Robinson Michael & Jackson are delighted to present this ideally located ground-floor one-bedroom flat on Balmoral Road, offering an excellent opportunity for first-time buyers and investors alike.
Situated just a 407ft walk from Gillingham Train Station, the property is perfectly positioned for commuters, while Medway Maritime Hospital is only 0.7 miles away. A fantastic selection of local amenities can also be found nearby.
The property benefits from a basement providing excellent additional storage, with potential for conversion into an additional reception room, subject to the necessary consents.
The service charge is equivalent to 50% of the property insurance, with an agreement in place with the tenant above (around £200 - £250).
Viewing is highly recommended to fully appreciate the location and potential this property has to offer.
Key terms
Discover the allure of Rainham and Gillingham, nestled in the heart of the Medway Towns. These neighbouring communities offer a unique blend of tranquillity and convenience, with picturesque landscapes and excellent transport links, including direct train services to London city centre. Residents benefit from a variety of shopping destinations such as Hempstead Valley Shopping Centre and Gillingham Business Retail Park, along with a plethora of local pubs and restaurants to enjoy. Both towns boast well-respected schools, including Rainham Mark Grammar, ensuring quality education for families.
Moreover, Rainham and Gillingham provide ample open space and recreational facilities, including Capstone Country Park, Berengrave Nature Reserve, Riverside Country Park, the Planet Ice Skating Rink, the Ski & Snowboard Centre, and Great Lines Heritage Park. This abundance of amenities caters to diverse interests and lifestyles, making these towns not just places to live, but communities to thrive in.
Entrance Hall (3' 9" x 0' 0" (1.14m x 0m))
Carpet.
Living Room (4' 4" x 3' 6" (1.32m x 1.07m))
Double glazed bay window to front. Laminate flooring. Electric radiator.
Cellar (4' 4" x 4' 3" (1.32m x 1.3m))
Spotlights. Electric radiator.
Kitchen (4' 2" x 3' 0" (1.27m x 0.91m))
Double glazed window to side. Range of wall and base units with worktop over. Built-in dishwasher, hob and oven. Space for appliances. Storage for water tank. Vinyl flooring.
Bathroom (2' 0" x 2' 0" (0.6m x 0.6m))
Double glazed window to rear. Low level WC. Pedestal sink. Panelled bath with shower over. Vinyl flooring.
Garden
40ft - Patio area. Laid to lawn. Outside tap.
Parking
On street permit parking.
Mortgage calculator
£800 per month
70+ lenders and 10,000+ products
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (120 years)
Service charge
Council tax band
A
Ground rent
£150
Ground rent date of next review
1st Jan 2046



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