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King John Road, Gillingham, Dorset, SP8 1 bed cluster house for sale
King John Road, Gillingham, Dorset, SP8
£160,000
King John Road, Gillingham, Dorset, SP8
£160,000
Our Summary
- INVESTMENT OPPORTUNITY - offered with existing tenancy in place
Description
This investment opportunity is a one-bedroom cluster house in a popular modern development in Gillingham, offering a gross yield of approximately 5.2%. The property features a westerly facing garden and allocated parking, and is conveniently located on the back corner of the cluster with side gate access. The interior includes a living room with ground floor WC, kitchen with fitted units, integral oven, and gas hob, as well as a spacious living room with utility cupboard and half-turn stairs to the first floor. The bathroom has a shower over bath, toilet, and basin, while the large double bedroom has built-in storage. The property is tenanted and managed by Dorset Property Blandford, with a fixed term until November 2025 and a current rent of £700 per month.