High Street, Gravesend DA11 1 bed flat for sale

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High Street, Gravesend DA11 1 bed flat for sale

High Street, Gravesend DA11
£143,000

Our Summary

  • Please see the Let Property Pack linked below for more details on this property’s investment potential
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This well-maintained one-bedroom flat in Gravesend is an attractive investment opportunity, offering a reliable source of long-term returns. The property is in excellent condition and features a spacious lounge with Thames River views, a bathroom with three fixtures, and a parking area with a fee. Currently generating an annual gross income of £9,300, the property has the potential to increase to a market rate of £12,156 with the existing tenants, making it a worthwhile addition to any investor's portfolio. The current tenants, who have resided in the property for several years, are keen to remain and have consistently paid their rent, ensuring a smooth transition for the new owner.