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1 bedroom apartment for sale
George Lane, Rochester, Kent, ME1
£140,000
George Lane, Rochester, Kent, ME1
£140,000
Our Summary
- This one-bedroom apartment on George Lane, Rochester, presents an exciting refurbishment opportunity-perfect for those looking to add value and achieve a strong return on investment
- While the property requires a full renovation, its location is unbeatable
- This property is a blank canvas with huge potential-whether you're an investor seeking a buy-to-let opportunity or a developer looking to flip for profit
- Lease Details: 117 years remaining Ground rent: £100 per annum Service charge: £1,500 per annum (as provided by the vendor) Don't miss out on this fantastic investment opportunity
Description
This one-bedroom apartment on George Lane in Rochester is a refurbishment opportunity waiting to be transformed into a valuable investment or rental property. Located just a short walk from Rochester High Street, the property offers easy access to charming amenities, historic landmarks, and excellent transportation links. With 117 years remaining on the lease, a manageable ground rent of £100 per annum, and a service charge of £1,500 per annum, this property presents a fantastic investment opportunity for developers and investors alike. With its potential for renovation and potential for strong returns, this property is not to be missed. Internal viewing is highly recommended to appreciate the full potential of this exciting project.