3 bedroom apartment for sale
Key information
Property description & features
- Investment Opportunity
- Great Potential yield
- Share of Freehold
- Picturesque Gardens
- Amazing Transport Links
- Tenants already in Situ
This property listing emphasizes several attractive features for potential buyers or investors, particularly those interested in a "buy-to-let" opportunity. Here’s a breakdown of the key points and potential appeal:
- Yield of 8.8%: The potential rental yield is impressive for an investor, suggesting a good return relative to the purchase price. With tenants already in place, it becomes even more appealing because the investor would immediately start generating income from the property.
- Large Apartment: A larger-than-average flat, making it suitable for families, professionals, or even as a shared rental.
- Period Features: The high ceilings and original features shows character and charm, which might appeal to tenants who appreciate historic or unique architecture.
- Shared Garden and Storage Room: These additional amenities add value for residents, providing extra space and a pleasant outdoor area.
- Historic Dockyard: Being next to a famous historic site can attract tenants who enjoy history, period drama, or working in the cultural sector. The nearby Dockyard has been used as a filming location, which adds to the property's appeal.
- Dockside Retail Outlet Centre: The proximity to shopping, restaurants, and cafes enhances the lifestyle appeal of the property, making it attractive for tenants who prefer urban conveniences.
- Riverside Parks and Marina: For those who enjoy outdoor activities, the nearby yachting marina and riverside walks offer a scenic, relaxing environment.
- Share of Freehold: The buyer will own a portion of the freehold, providing more control and potentially reducing costs associated with the property.
- No Onward Chain: This means there is no waiting for the seller to find another property, making it quicker and easier to complete the sale.
- Tenants Already in Situ: The fact that tenants are already living in the property provides immediate rental income and reduces the hassle of finding new tenants.
Overall, this listing markets the apartment as an excellent investment opportunity in a vibrant, historic, and desirable location.
Leasehold: 999 years from July 2014
EPC Rating: D
Council Tax band: B
Service Charge £240 pcm,
Ground rent £0 (share of freehold)
Council Tax Band: B
Tenure: Leasehold
Places of interest
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Property reference 12444831. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Dockside Property Services - Strood.
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Broadband availability and predicted speed: obtained from Ofcom on December 30, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on December 30, 2021
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on April 21, 2024 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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