Chatham Waters, North House, Gillingham Gate Road, Gillingham, ME4

Property Details: - Type: Flat - Bedrooms: 1 - Bathrooms: 1

Agent: X1 Sales and Lettings - Greater Manchester Phone: 0161 506 3018

One-Bedroom Investment Property | North House at Chatham Waters | Gross annually income of £13,200 | Management company based in building!<br/><br/> Modern first floor One-Bedroom Apartment with Scenic Views – Completed an Tenanted Investment at £180,000<br/><br/>X1 Sales & Lettings are delighted to present this spacious and stylish first-floor apartment, complete with a tenant in situ and generating a strong rental return.<br/><br/>Property Highlights<br/>Open-plan kitchen and living area with floor-to-ceiling windows, creating a bright and airy feel<br/><br/>Modern finish throughout with neutral décor and quality fittings<br/><br/>Scenic river views from the living space<br/><br/>Secure, long-term tenancy – ideal hands-off investment<br/><br/>Key Investment Information<br/>Current rental income: £1,100 per month<br/><br/>Tenancy in periodic contract<br/><br/>Service charge: £2,063 per annum (2026 budget, payable quarterly)<br/><br/>Ground rent: £511.90 per annum (RPI-linked, reviewed every 5 years)<br/><br/>Lease term: 250 years from 22.12.2017<br/><br/>EPC rating: B<br/><br/>Council tax: Band C<br/><br/>Location Benefits<br/>Just 1 mile from Gillingham Station – 44 minutes to London St Pancras<br/><br/>Close to Dockside Shopping Centre, supermarkets (Asda & Lidl), Odeon cinema, bars and restaurants<br/><br/>Minutes from historic Rochester and local waterfront attractions<br/><br/>Why Invest?<br/>With a secure tenancy in place, modern building amenities, and excellent commuter links, this property offers a reliable rental stream and strong capital growth potential.<br/><br/>Images are for illustrative purposes only and MAY show a similar unit within the development. The images MAY not reflect the exact apartment for sale. Please ask if you would like us to confirm if the images reflect the actual apartment.<br/><br/>