Richmond Road, Gillingham, Kent, ME7 1 bed terraced house for sale

>

Richmond Road, Gillingham, Kent, ME7 1 bed terraced house for sale

Richmond Road, Gillingham, Kent, ME7
£110,000

Our Summary

  • With an estimated rental value of £900–£950 PCM, this property offers a strong potential gross yield of 9

Description

This one-bedroom basement flat in Gillingham is a great opportunity for first-time buyers or buy-to-let investors, with an estimated rental value of £900-£950 per month and a potential gross yield of 9.0-9.5%. Located in the heart of Gillingham, the property is just 0.6 miles from the train station, 1.3 miles from Medway Maritime Hospital, and 1.0 mile from the University of Kent's Medway Campus. The area offers a unique blend of tranquility and convenience, with picturesque landscapes, excellent transport links, and a variety of shopping and leisure options. Residents can enjoy a range of amenities, including parks, nature reserves, ice skating and skiing facilities, and well-respected schools, making it an attractive option for those seeking a strong rental return and a great quality of life.