Balmoral Road, Kent ME7 1 bed flat for sale

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Balmoral Road, Kent ME7 1 bed flat for sale

Balmoral Road, Kent ME7
£99,000

Our Summary

  • Potential for 10% or more gross rental yield

Description

This one-bedroom flat in Gillingham is being sold via modern method of auction with a starting bid of £99,000 plus a reservation fee. The property is in good condition and ready for its next owner to move in or let out, with tenants already in situ paying £1,000 per month. The flat features a spacious double bedroom, open-plan reception room, and a kitchen designed to maximize natural light. The bathroom is modern and the property has an EPC rating of C, promising energy efficiency. Located in a vibrant area with excellent access to public transport links, nearby schools, and local amenities, this property offers strong rental potential and is a great opportunity for investors or those looking for a pied-à-terre. With a council tax band A and potential for a 10% or more gross rental yield, this flat is sure to appeal to families and investors alike.