1 bedroom flat for sale

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1 bedroom flat for sale

X1 Chatham Waters, Gillingham Gate Road, Chatham, ME4 4FQ
£220,000

Our Summary

  • Investment Opportunity

Description

X1 Chatham Waters is a £650 million regeneration project located in the South East of London, offering 199 exclusive waterfront apartments. The area is one of the fastest-growing in the commuter belt, with a predicted 22.9% population increase by 2031. The development is close to three major universities and two colleges, with a shortage of 8,900 homes in Medway. The apartments will feature contemporary kitchens, bathrooms, and living areas, with amenities like electric panel heaters, TV points, and media plates. The property offers a unique investment opportunity with rental assurance options, including 2 and 3-year returns of 6% and 5% NET, respectively. With property prices estimated to increase by 25-30% over the next 5 years, now is the time to invest in Medway.