Unbroken freehold residential investment in the heart of Gravesend.
This residential block of flats comprises 7 x 2 bedroom flats and 3 x 1 bedroom flats. The flats are all fitted to a high specification, including Bosch white goods in the kitchens and an allocated parking space per flat.
The building is located in Gravesend which is one of the UK’s best commuter towns for young professionals. Ebbsfleet International just 0.9 miles away which provides trains to central London in just 19 minutes making it one of the UK’s hotspots for investors.
The properties will be sold with vacant possession however, the gross estimated rental value is approximately £164,700 per annum providing a healthy rental yield of 6.5%, along with capital growth.
This opportunity is likely to appeal to local investors, overseas buyers and housing associations.
Location
Gravesend is an up and coming commuter town that is attracting a new generation of young professionals and residents. One of the towns key features is Ebbsfleet International Station, which is situated 1.1 miles from the properties.
This Station provides fast and direct train services to London, Paris, Brussels, and other major European cities. High Speed One f rom Ebbsfleet International Rail Station offers services into London St. Pancras in just 19 minutes.
The town has several parks and nature reserves, including the Shorne Woods Country Park and the Jeskyns Community Woodland, which offer opportunities for walking, cycling, and wildlife spotting.
Accommodation
Plot 1 - Grd Flr: 1 Bedroom Flat - 42.9 sq m (461.78 sq ft)
Plot 2 - Grd Flr: 2 Bedroom Flat - 61.2 sq m (658.76 sq ft)
Plot 3 - Grd Flr: 2 Bedroom Flat - 51.9 sq m (558.65 sq ft)
Plot 4 - 1st Flr: 1 Bedroom Flat - 44.3 sq m (476.85 sq ft)
Plot 5 - 1st Flr: 2 Bedroom Flat - 61.2 sq m (658.76 sq ft)
Plot 6 - 1st Flr: 2 Bedroom Flat - 51.9 sq m (558.65 sq ft)
Plot 7 - 2nd Flr: 1 Bedroom Flat - 42.9 sq m (461.78 sq ft)
Plot 8 - 2nd Flr: 2 Bedroom Flat - 61.2 sq m (658.76 sq ft)
Plot 9 - 2nd Flr: 2 Bedroom Flat - 50.6 sq m (544.66 sq ft)
Plot 10 - 3rd Flr: 2 Bedroom Flat - 70.3 sq m (756.71 sq ft)
TOTAL - 487.8 sq m (5,795.34 sq ft)
Terms
Tenancies - The properties will be sold with vacant possession.
VAT - The property is not elected for VAT.
Proposals - Offers in the regions of £2,550,000