Property Description
Guide Price - £110,000 - £130,000
Located on the ever-convenient Railway Street in Gillingham, this spacious and characterful one-bedroom loft-style apartment offers approximately 657 sq. ft. of well-proportioned accommodation, making it an excellent choice for first-time buyers, commuters, or buy-to-let investors.
Situated on the third floor, the apartment enjoys a unique loft-style feel with generous living space and plenty of character. The attractive external appearance of the building adds to its appeal, while the property also benefits from an allocated parking space for added convenience.
One of the standout features is the exceptional location. Gillingham Train Station is literally across the road, providing direct rail links to London and the Kent coast, making this an ideal home for commuters. A wide range of local shops, supermarkets, cafés, restaurants, and everyday amenities are all within easy walking distance, along with a selection of well-regarded schools and leisure facilities.
The property is offered with approximately 108 years remaining on the lease, with an annual ground rent of £100 and a service charge of £780 per annum. Access is via stairs to the third floor, as the building does not have a lift.
Offered to the market with **no onward chain**, this is a fantastic opportunity to secure a spacious apartment in a highly convenient location, whether you're looking for your first home, a low-maintenance property, or a strong investment opportunity.
- Stylish third-floor loft apartment
- Spacious one-bedroom accommodation
- Approx. 657 sq. ft. of living space
- Allocated parking space included
- 108 years and 6 months remaining on the lease
- Ground rent: £100 per annum
- Service charge: £780 per annum
- Access via stairs to the third floor (no lift)
- Attractive and characterful external appearance
- Directly opposite Gillingham Train Station – ideal for commuters
- Within walking distance of local amenities, shops, and well-regarded schools
- Offered with no onward chain for a smooth purchase
- Potential rental income of £800 PCM, offering an attractive gross yield of approximately 7.4% at the asking price of £130,000.
Rooms
Entrance Hall 0.91m x 5.2mEntry door to side. Electric heater. Carpet.
Lounge 4.76m x 5.59mDouble glazed Velux window to front. Secondary glazed window to front. two storage heaters. Laminate flooring.
Kitchen 3.61m x 3.04mDouble glazed window to rear. Range of wall and base units with worktop over. Integrated oven and hob. Space for appliances. Extractor fan. Space for appliances. Laminate flooring.
Bedroom One 3.2m x 4.5mDouble glazed window to rear. Built in storage. Storage heater. Carpet.
Bathroom 2.63m x 3.04mDoble glazed Velux window to side.Low level WC. Vanity wash hand basin. Tiled walls. Shower enclosure. Storage cupboard. Laminate flooring. Heated towel rail.
ParkingOne allocated parking space to the rear.
