Offers over
£200,000
(£301/sq. ft)
2 bed flat for saleCompass Court, Waterside, Gravesend DA11
2 beds
1 bath
1 reception
665 sq. ft
EPC Rating: C
- Chain free
- Leasehold
Town & City Homes
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About this property
Great investment
Currently rented
No chain
Close to station - 22 mins to st pancras
Nearly 8% rental yield at pp 200K
£1300PCM rent
Two double bedrooms
Communal garden
Investment Opportunity: Two Double Bedroom Apartment, Gravesend
Welcome to Compass Court, a fantastic opportunity for investors or those seeking a well-located home in Gravesend. This two double bedroom apartment is currently rented, providing an immediate income stream and a nearly 8% rental yield at the asking price of Offers in Excess of £200,000, with a current rental income of £1300 pcm. The property is offered with no chain, simplifying the purchase process.
Step inside to discover a thoughtfully laid out apartment. The reception room provides a comfortable space for relaxation or entertaining, flowing naturally into the rest of the home. Both bedrooms are generous double sizes, offering ample space for residents or tenants, a key feature that makes this property highly desirable. The bathroom is well-appointed, catering to modern living needs.
Outside, residents benefit from a communal garden, offering a pleasant outdoor space to enjoy without the burden of extensive maintenance. This adds to the appeal for both owner-occupiers and tenants alike.
The location of Compass Court is truly exceptional. For commuters, the Gravesend train station is incredibly close, offering a swift 22-minute journey directly to London St Pancras. This makes it an ideal spot for those working in the city but desiring a more relaxed pace of life outside the capital. The area boasts excellent transport links, connecting you easily to wider Kent and beyond.
Gravesend itself is a vibrant town with a rich history and a growing array of amenities. You will find a variety of shops, restaurants, and local services within easy reach. The riverside location offers scenic walks and recreational opportunities, contributing to a desirable lifestyle. Families will appreciate the local schools and community facilities.
This property represents a smart acquisition, whether you are expanding your portfolio or looking for a convenient and comfortable home. The current tenancy and strong rental yield underscore its investment potential, while the prime location ensures ongoing demand. We believe in providing honest, truthful advice, and this apartment truly stands out as a solid choice in the current market. Our family-run agency is here to guide you through every step, ensuring a smooth and friendly experience, making you feel part of the Town and City Homes family.
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More information
Tenure
Leasehold (101 years)
Service charge
£1,509 per year
Council tax band
C
Ground rent
£125
Ground rent date of next review