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1 bed flat
Flat 25 Samuels Tower, Longhill Avenue, Chatham, Kent ME5
Auction
£50,000
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Our Summary
- Guide Price = £50,000+ **For Sale By Public Auction 24th June 2026 09:30 AM To inspect the legal documents for this property go to our website to download the legal pack** A Ground Floor One Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £10,500 Per Annum (Reflecting a Gross Initial Yield of 21%) Tenure Leasehold
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Description
The property is a ground floor one bedroom flat situated within a purpose built block, arranged over ground and five upper floors, with a reception room with open-plan kitchen, bedroom, and bathroom. It is held on a 125 year lease from 2004, with approximately 103 years remaining, and is subject to an Assured Shorthold Tenancy at a rent of £875 per calendar month. The property is located on a residential road, close to local shops and amenities, with easy access to Gillingham Park and Chatham rail station.