This property has been taken off the market.

1 Bed Flat For Sale North House, Chatham Waters, Gillingham Gate Road, ME4 4RX, ME4

£190,000- Flat

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Last Updated: 28th March 2024

Description

If you’re looking to invest in luxury accommodation which offers a peaceful retreat from city life whilst still being within an easy commute of London and with impressive yields, then look no further. This stylish apartment is one of 199 exclusive apartments within the newly built development and consists of spacious open plan living area featuring floor to ceiling windows providing a tonne of natural light and access to the wonderful private balcony. There is a fully fitted high gloss kitchen with appliances, a spacious double bedroom, and bathroom with three-piece suite and shower over bath.\r
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X1 Chatham Waters is a sought-after development in a tranquil waterfront destination which offers every amenity a tenant could possibly need, with onsite gymnasium, lift access, secure entry system, beautifully landscaped communal gardens and secure bicycle storage. It’s in an enviable location, just 36 minutes from London making it the ideal base for commuters as well as being within walking distance of retail, leisure and educational facilities.\r
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Chatham is growing at an impressive rate and is one of the fastest growing towns on the commuter belt. The Chatham Waters development is part of the £650million waterfront regeneration scheme in Kent and there is continuous significant investment in the town which will only continue to drive the demand for high quality rental accommodation and boost property prices. Don’t miss out on this excellent opportunity and enquire today.

Financial Breakdown

Gross Rent: £14,400.00
Net income: £12,481.92
Gross yield: 7.58%
Net yield: 6.57%
Please contact agent for full financial breakdown.

IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

yieldit ref: YL-07341
Agent Details
yieldit
Suite 2A Osprey House at The Nest, Broadway, Manchester, M50 2UE.

Investment Analysis

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Calculators

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested