1 bed flat for sale

Fountain Walk, Northfleet, Gravesend DA11

Guide Price: £150,000 | In Need of Full Refurbishment | No Chain

An excellent investment opportunity, 42 Fountain Walk is a one-bedroom first-floor apartment located in a popular and well-connected residential area of Northfleet. Offered as a probate sale and requiring complete refurbishment throughout, this property provides huge potential for buyers looking to add value—whether for resale, rental income, or as a long-term investment.

The apartment comprises a separate kitchen, a spacious living area, one double bedroom, and a bathroom. While the property is currently unmodernised, it represents a blank canvas for renovation and reconfiguration to suit modern tastes and rental expectations. With some thoughtful updates, it could achieve strong returns in both the sales and lettings markets.

The location is ideal for commuters and renters alike, with Northfleet Station just a short walk away, offering regular services into London. Ebbsfleet International is also nearby, providing high-speed connections to St Pancras in under 20 minutes. The area is well-served by local shops, supermarkets, parks, schools, and transport links, with Gravesend town centre just a short drive away.

For investors, similar refurbished one-bedroom apartments in the area are currently achieving rental figures in the region of £850–£950 per calendar month, offering a potential gross rental yield of approximately 6.8%–7.6% based on the guide price. With increasing demand for affordable, well-connected rental homes in the DA11 postcode, this is a rare opportunity to secure a high-yield asset at an accessible price point.

With no onward chain and probate already in motion, this is an ideal purchase for cash buyers or experienced landlords looking for their next project. Viewings are highly recommended to fully appreciate the potential on offer.

Leasehold
Lease Length: 125 Years from 22nd February 2010
Ground Rent: Tbc
Service Charge: Tbc
Gravesham Borough Council - Tax Band: A
Energy Efficiency Rating: E