Guide price
£100,000
1 bed flat for saleEdward Court, Capstone Road, Chatham, Kent ME5
1 bed
1 bath
1 reception
EPC Rating: C
Added on
About this property
Cash Buyers Only
12% Yield for Investment
No chain
Two Juliet Balconies
Newly Fitted Bathroom & Kitchen
First Floor Flat
Double Bedroom
Great First Home or Downsize
Off Road Parking
Communal Gardens
**Guide Price £100,000-£120,000**
Positioned on the first floor, this bright and stylish flat is completely move-in ready with a newly fitted modern kitchen, a sleek bathroom, and a spacious double bedroom. Offered with no onward chain, off-road parking, and peaceful communal gardens, it makes a perfect first home, hassle-free downsize or a high-yielding portfolio addition. Further highlighted by two Juliet balconies in the living room and bedroom that let in wonderful natural light and fresh summer breezes.
For buy-to-let investors, the flat offers exceptional cash-flow potential with gross returns reaching up to an impressive 12% yield.
Please note that the property currently has a remaining lease of 64 years, meaning it is strictly available to cash buyers only. With the cost to extend the lease estimated at just £10,000 to £15,000, this presents a lucrative opportunity to secure the property at an attractive price point, extend the lease, and instantly unlock substantial capital value.
Exterior
Communal Gardens
Off Road Parking
Key terms
Chatham is famous for its Naval connection’s, hosting one of the Royal Navy’s main facilities for hundreds of years until it’s closure in 1984. Since the closure the former site, now known as St Mary’s Island, has been transformed and boasts a new retail outlet centre, bars, cafe’s, restaurants, gym and cinema to compliment the harbour and vast array of riverside housing. Part of the original naval history has also been preserved through the Historic Dockyard Trust, which provides an insight into past traditions. The Pentagon shopping centre and high street offer everything that you will need with a wide range of stores. Chatham is a commuter’s dream. High Speed rail links to Stratford International in just over 30 minutes or St Pancras International in just over 38 minutes. London Victoria is also accessible in just over 52 minutes. Trips to the continent are also within easy reach via the Eurostar, which departs from nearby Ebbsfleet. In any part of the town you are never too far from road links, the A2 and M2 are easily accessible in under 5 miles. With the M20 and M25 approximately 10 miles away. Chatham and near-by Rochester offer a fantastic range of primary and secondary schools, as well as the University
Kitchen
3.5 x 1.9
Living Room
3.5 x 4.2
Bedroom
2.8 x 4.3
Bathroom
2.0 x 1.8
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More information
Tenure
Leasehold (63 years)
Service charge
£2,220 per year
Council tax band
A band has not yet been confirmed.
Ground rent
£206
Ground rent date of next review
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