Asking Price £172,500

1 bed apartment for sale in The Boathouse Ocean Drive, Gillingham, ME7 (ref: 529614)

Shortlist

Key Features

  • Ideal Investment
  • Currently rented out
  • Popular area
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

What this property offers

  • River Views

Stamp Duty Due

Based on a sale price of £172,500 the total amount of stamp duty payable will be:

*

Last updated: The calculator has been updated to reflect changes in stamp duty following the Mini Budget on 23rd September 2022.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.

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Further Details

  • Status: Available
  • Council Tax Band: A
  • Tenure: Leasehold
  • Tags: River Views
  • Reference: 529614

Location

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