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Property Listing Details

Property details

Features

  • Freehold
  • Unfurnished
  • Freehold Building Consisting of 11 Units
  • Full Occupation
  • Yield In Excess of 6%
  • Rental Income Over £10,000 Per Month
  • Centrally Located
  • High Standard Finishing
  • Allocated Parking
  • EPC Ratings From 82B To 68D

Listing view statistics

Last 30 days: 338 page views

Description

** watch our video tour ** incredible investment opportunity ** click for more details ** Georgia Lodge is our latest high end residential development situated in Gillingham. Comprising of 11 exclusive and luxurious one and two bedroom apartments. Georgia Lodge is set to help fill the demand for accommodation in the Medway towns. Each apartment includes a fully fitted modern kitchen, stylish bathroom and contemporary decor throughout. Each flat further offers something individual; a mix of out side space, large unique windows, balconies and internal cast iron beams. Georgia lodge is a converted masonic lodge which is arranged around a private residential car park offering one allocated space.

At full occupation, the building is currently yielding in excess of 5.5% with a rental income of over £10,000 per month. This amazing opportunity will most likely benefit a party/organisation looking to expand their growing portfolio.

Price for the Freehold £2.25 million

Please call a member of our team today on

Floorplan

Map & Nearby

Local Amenities

  • Gillingham (Kent) 0 miles
  • Chatham 1.4 miles
  • Oasis Academy Skinner Street 0.3 miles
  • St Mary's Catholic Primary School 0.3 miles

Local map of the area

Map View Map showing location of property

Local Amenities

  • Gillingham (Kent) 0 miles
  • Chatham 1.4 miles
  • Oasis Academy Skinner Street 0.3 miles
  • St Mary's Catholic Primary School 0.3 miles

Market stats

Sale activity

Average estimated value for a flat in ME7:

  • £181,491
  • Price decrease

  • -£8,928
  • (-4.689%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £154,071
  • Properties sold

    32

Rental opportunities

£680 pcm

Recent sales nearby

See all recent sales in ME7
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Estimated running costs

Based on available 3rd party data

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The Agent

Price history

Sold prices provided by Land Registry
11th May 2020 £2,000,000 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by RedDoor Homes. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact RedDoor Homes for full details and further information.