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From

£220,000

1 bed flat for sale
X1 Chatham Waters, Gillingham Gate Road, Chatham ME4

    • 1 bed

  • New home

Property Eagle Lettings

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About this property

  • Investment Opportunity

  • Low Prices

  • 6% Assured net Returns For 2 Years

  • 36 Minutes By Train To London St Pancras

  • Waterside 1,2 & 3 Bedroom Apartments

  • Part of Peel’s £650m Masterplan

  • Highly Recommended

  • Luxury Quayside Living

X1 Chatham Waters is located on the South East of London and sits at the gateway of the Thames River.

The site forms an integral part of Peel L&p’s ongoing £650 million regeneration of the Chatham Docks and will bring 199 exclusive waterfront apartments to this unique location.

Chatham is one of the fastest growing areas in the commuter belt, offering one of the best opportunities for capital growth in the UK.

X1 Chatham Waters is just a 15 minute walk from three major universities and two colleges in the immediate area, with a total of 10,000 students on

campus. At present, there are just 350 student beds available across 5 halls of residence for those studying at the Greenwich Campus.

A nearby development- Liberty Quay Medway - provides accommodation for Students at the University of Kent and offers an additional 1106 bed spaces to the local student market. The following academic insitutions are on the doorstep of X1 Chatham Waters:

Canterbury Christ Church University

University of Greenwich

University of Kent

Midkent College

Waterfront University Technical College

The regeneration proposals for Chatham Waters include the creation of first class residential, commercial, retail and educational destinations and

Peel L&p’s wider masterplan will see up to 950 new homes be delivered across four planned phases. In addition to this, the site will benefit from the

creation of a new waterfront boulevard including bars, restaurants, shops and more – all just 36 minutes outside of central London.

We are proud to be delivering our second scheme with Peel L&P – our stragetic partners – and offer investors an exclusive opportunity to invest in the

renewal of an area famed for its maritime history.
Rental assurance examples


2 years at 6% net for a One Bedroom at £225,000

= £13,500 per year = £27,000 for 2 years

3 years at 5% net for a One Bedroom at £225,000

= £11,250 per year = £33,750 for 3 years

2 years at 6% net for a Two Bedroom at

£280,000 = £16,800 per year = £33,600 for 2 years

3 years at 5% net for a Two Bedroom at £280,000

= £14,000 per year = £42,000 for 3 years

2 years at 6% net for a Three Bedroom at

£377,000 = £22,620 per year = £45,240 for 2 years

3 years at 5% net for a Three Bedroom at

£377,000 = £18,850 per year = £56,550 for 3 years

In 2011, the population within Kent totalled just 1,731,400 and is predicted to increase upwards of22.9% according to Kent County Council – an increase

to more than 2 million residents by 2031. Between 2011/2012 and 2016/2017, a total of 30,537 houses were built across Kent and Medway which is

the the equivalent of 6,107 new homes a year. However, in spite of the planned developments in the pipeline, there is still a significant shortage in

Medway and a further 8900 homes are required to be delivered- a year - in order to meet demand. Due to the implications of Brexit, property prices in

Medway have registered a 2% drop throughout the first 6 months of 2019. When it comes to looking for future capital growth, now is the time to invest in Medway. Property prices are estimated to increased from 25% - 30% over the coming 5 years.
Kitchens


Contemporary designed kitchen with fitted

wall and base units

Sink with chrome mixer tap

Integrated electric oven, hob and extractor

Worktops with upstands

Integrated A+ rated fridge/freezer

Integrated dishwasher

Low voltage recessed downlighters

Washer/dryer in separate store

Timber or Stone effect flooring
Bathrooms & en-suites


Branded chinaware (bath, wc, sink)

Glass shower screen and pivot glass door

Hansgrohe taps and thermostatic shower mixer unit

Full height feature Porcelanosa ceramic tiling to bath and shower areas Porcelanosa Ceramic tiling to floor

Heated chrome towel rail.

Low voltage downlighters

Shelving for toiletries and towels

(where layout allows)

Vanity unit with large mirror over

Shave point

Extract Ventilation
Living areas


Carpet or Timber effect flooring

Ceiling lighting pendants and low voltage downlighters

Media plate with TV/FM aerial, telecom, satellite and power points Sky Q wired to communal system (buyer subscription required) Double doors onto balcony with glass balustrade

(balcony has external lighting)
Bedrooms


Media plate in master bedroom

TV point in other bedrooms

Low Voltage Downlighters

Carpet or timber effect flooring
Heating


Electric Panel heaters

Electric chrome towel rails to bathroom / en-suite

mvhr whole house energy saving heat recovery ventilation system.
Interior finishes


Oak veneered internal doors

White painted skirting and architraves

Matt emulsion to walls and ceilings

Kitchen tiling

Bathroom tiling
External features and finishes


Very spacious tiled balconies above ground level

Gardens to apartments onto podium garden level

Aluminium or Ideal Combi Composite framed double glazed windows and doors.

Entrance doors to apartments to Pas24 security standard.
Security


Electronic video intercom door system.

Wood veneer PAS24 security door to apartments with spy hole, 5 point locking.

Smoke and Heat detectors.
Peace of mind


All apartments benefit from a 10 year Premier structural warranty Dedicated customer care team will be available on site for residents / owners / occupiers for moving in to the building.

The on site management team will administer and ensure the effective operation and maintenance of all communal facilities and grounds.

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Property descriptions and related information displayed on this page are marketing materials provided by - Property Eagle Lettings. 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 Property Eagle Lettings for full details and further information.