1 bed apartment for sale in Ocean Drive, Gillingham, ME7 (ref: 574060)

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

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

Lounge/Kitchen7.92 m x 3.22 mDouble 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.

Bedroom3.96 m x 2.61 mDouble glazed tilt & turn window, carpet electric radiator, built in double mirror wardrobe.

Bathroom2.34 m x 1.95 mPanel bath, with built in shower, pedestal hand wash basin, low flush w.c., tiled flooring part tiled walls