Parrock Street, Gravesend DA12 2 bed flat for sale

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Parrock Street, Gravesend DA12 2 bed flat for sale

Parrock Street, Gravesend, DA12
£198,000

Price History

Initial price £220,000
19/09/24 £216,000
27/09/24 £212,000
04/10/24 £208,000
11/10/24 £204,000
17/10/24 £200,000
24/10/24 £220,000
31/10/24 £216,000
07/11/24 £210,000
14/11/24 £206,000
20/11/24 £202,000
27/11/24 £198,000
05/12/24 £195,000
11/12/24 £192,000
19/12/24 £189,000
01/01/25 £210,000
08/01/25 £206,000
17/01/25 £202,000
30/01/25 £198,000
Price Change -10.00%

Description

This 2-bedroom flat in Gravesend is a lucrative investment opportunity, generating an annual gross income of £12,000 and offering potential for growth to £14,676 with a long-term tenant already in place. The property is well-maintained and features 2 bedrooms, a lounge, kitchen, and ensuite. With a tenant who has been consistently paying rent for several years and has no intention of moving out, this property offers a stable and reliable source of income for investors. The current rent can be increased to a market rate, making it a worthwhile addition to any property portfolio.