£175,000
1 bed flat for saleOcean Drive, Gillingham, Kent ME7
1 bed
1 bath
1 reception
EPC Rating: B
About this property
Chain Free
Private Terrace
Communal Gym
One Double Bedroom
Fabulous Condition Throughout
Highly Desirable Location
Over 8% Yield
Energy Efficiency Rating - B
** guide price £175,000 - £199,999 **
This beautifully presented one-bedroom apartment is perfectly positioned within the sought-after Maritime House development and offers modern coastal living with stunning views from its private balcony. Ready to move straight into, this property would make an ideal first-time purchase, investment opportunity, or downsize home.
The accommodation comprises a spacious entrance hallway, a luxurious boutique style bathroom, generous double bedroom, high spec kitchen with integrated appliances included, and an open-plan living/dining room creating the perfect space for relaxing or entertaining. The living area leads directly onto a private balcony where you can enjoy impressive views and outdoor space.
The mainline railway station in the town is only a short walk away, and the M2 is a quick drive making this ideal for commuters and the property can be sold with a professional tenant provided giving a return of over 8%.
Additional benefits include a long lease with approximately 991 years and 8 months remaining, providing excellent peace of mind for future owners.
Tenure: Leasehold
Lease Length: 999 years from and including 1 January 2019
Service Charge - £2,303 pa
Ground Rent - £155 pa
Medway Council - Council Tax Band - C
Energy Efficiency Rating - B
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More information
Tenure
Leasehold (991 years)
Service charge
£2,303 per year
Council tax band
C
Ground rent
£155
Ground rent date of next review
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