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2 bed terraced house for sale

£225,000 Guide price

Alton Mews, Canterbury Street, Gillingham ME7

2 2 2
Interested in this property? Call 01634 799462 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Superb investment opporunity
  • Two one bedroom flats
  • Includes Freehold
  • Double glazing & Gas central heating
  • Producing £1075pcm

Property description

Detailed Description

Superb investment opportunity to purchase two large one bedroom flats producing £1075 per calendar month. Both flats are currently tenanted and the purchase does include the freehold.

Communal hallway with understairs storage cupboard.

Downstairs one bedroom flat: Lounge, double bedroom, modern fitted kitchen, rear lobby, downstairs bathroom / WC, rear garden, gas central heating & double glazing.

First floor one bedroom flat: Landing, lounge, double bedroom, modern kitchen, bathroom / WC, gas central heating, double glazing.

Communal Entrance Hall : Front entrance door, access to both flats, understairs storage cupboard housing meters.

Ground Floor Flat

Bedroom One : 13'5" x 11'1" (4.09m x 3.38m), Sealed unit double glazed bay window to front, radiator, door to Communal Entrance Hall, door to

Lounge : 12'1" x 9'6" (3.68m x 2.90m), Sealed unit double glazed window to rear, radiator, fireplace and hearth.

Entrance Hall : Steps to Kitchen, door to Lounge.

Kitchen : 10'8" x 8'9" (3.25m x 2.67m), Sealed unit double glazed window to side, door to Communal Entrance Hall, worktop with stainless steel sink unit and drainer, cupboards and drawers under, further worktop with cupboards and drawers, gas fired boiler supplying domestic hot water and gas central heating, wall cupboards, breakfast bar, part tiled, lino flooring.

Rear Lobby : Sealed unit double glazed door to side to garden, radiator.

Bathroom / WC : Sealed unit double glazed frosted window to rear, panel bath, low level WC, pedestal wash basin, radiator, part tiled walls, tiled floor.

Rear Garden : Shingled rear garden with gate to rear.

First Floor Flat

Landing

Lounge : 14'7" x 13'5" (4.45m x 4.09m), Sealed unit double glazed bay window to front, radiator, carpet

Bedroom One : 12'2" x 8'7" (3.71m x 2.62m), Sealed unit double glazed window to rear, radiator, storage cupboard, carpet.

Bathroom / WC : Sealed unit double glazed window to side, panel bath, pedestal wash basin, low level WC, radiator, part tiled.

Kitchen : 8'1" x 7'9" (2.46m x 2.36m), Sealed unit double glazed window to rear, stainless steel sink unit with cupboards under, further worktop with inset hob and under oven, cooker hood, wall cupboards, part tiled, gas fired boiler supplying domestic hot water and gas central heating, radiator, space for washing machine.

Property info

Market activity
Average price paid £216,196 Sales 713 Current average value £234,545 (Zoopla Zed-Index) Value change £12,815 ▲ 5.78%

Property value data/graphs for ME7

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £442,932 £289 3.8 £376,776
Semi-detached £275,904 £274 3.2 £265,130
Terraced £199,434 £246 2.9 £198,031
Flats £155,531 £281 1.6 £145,750

Current asking prices in ME7

Average: £256,298
Avg. current asking prices in ME7
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £30,000
(1)
£191,985
(33)
£250,361
(70)
£455,318
(22)
£441,428
(7)
Flats £176,985
(34)
£219,411
(28)
£357,000
(5)
- -
All £172,786
(35)
£204,574
(61)
£257,471
(75)
£455,318
(22)
£441,428
(7)

Current asking rents in ME7

Average: £946 pcm
Avg. current asking prices in ME7
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £408 pcm
(18)
£795 pcm
(16)
£977 pcm
(27)
£1,779 pcm
(23)
£3,216 pcm
(5)
Flats £581 pcm
(74)
£1,015 pcm
(30)
£876 pcm
(5)
- -
All £547 pcm
(92)
£939 pcm
(46)
£961 pcm
(32)
£1,779 pcm
(23)
£3,216 pcm
(5)

Fun facts for ME7

Highest value in ME7
Highest value streets Zed-Index
Copperpenny Drive £669,471
Lower Twydall Lane £638,527
Lower Twydall Lane £636,887
Marquis Drive £606,474
Houghton Avenue £586,704
Highest turnover in ME7
Highest turnover streets Turnover
Fitzgilbert Close 60.0%
Coulman Street 50.0%
Jubilee Terrace 44.4%
Honey Close 42.3%
Windsor Court 40.7%

What Zoopla users think of Gillingham

Overall rating:

  • currently 3 stars
Good - 64% (206 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

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Community & safety
  • currently stars
  • 1
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  • 4
  • 5
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  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Gillingham (Kent) (0.7 miles)
  • Chatham (1.3 miles)
  • Rochester (1.8 miles)
  • London Southend Airport (14.8 miles)
  • London City Airport (23.1 miles)
  • Lydd Airport (33.7 miles)
  • Gravesend Pier (9.2 miles)
  • Tilbury Ferry Terminal (9.4 miles)
  • Wallasea Island Ferry Landing (20.0 miles)

Nearby schools

View all schools in Medway
  • Byron Primary School (0.1 miles)
  • Napier Community Primary and Nursery Academy (0.3 miles)
  • Barnsole Primary School (0.5 miles)
  • MidKent College (1.2 miles)
  • Medway UTC (1.4 miles)
  • Palmer's College (11.2 miles)
  • Chatham Grammar School for Girls (0.3 miles)
  • Hospital and Medical Tuition Service (0.3 miles)
  • The Robert Napier School (0.5 miles)
Note: Distances are straight line measurements

Local info for Medway

About the neighbours in ME7

AskMe Q&A for Medway

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For more information about this property, please contact
Linda Matthews & Co, ME4 on 01634 799462 * (local rate)

Monthly running costs Beta

£960 Monthly total
Mortgage
Purchase price
Deposit (10%) 22,500
Repayment term 25
Interest rate 0.5
Your payment £718 /mo Find available rates

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance Rebuild value up to £1,000,000 Contents value up to £80,000 Average insurance cost £13/mo (£156/yr) In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy Gas £31 Electricity £34 Estimated energy cost £65/mo In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 9500 kWh/year
Electricity: 2900 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Medway

Estimated tax band C Council tax cost £125 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply £13 Sewerage £26 Estimated water cost £39 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Linda Matthews & Co about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Linda Matthews & Co, and do not constitute property particulars. Please contact Linda Matthews & Co for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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