Initial price	£210,000
19/03/24	£180,000
09/04/24	£170,000
Price Change	-19.05%

The property for sale is an outline application for the construction of a block of four one-bedroom flats with associated parking, located behind New Terrace on Old Road in Chatham. The flats are above the minimum space standards, with three flats measuring 44 square meters or more and the duplex flat measuring 66 square meters or more. Three flats have covered parking spaces, while the fourth has an informal off-road parking area. The 66 square meter+ flat has a space that could be converted into a homeworking/study room, and it may be possible to increase the size of this flat to 70 square meters at the detailed planning stage. The existing garages and open parking spaces are currently occupied and rented for £3600 per year, which has not changed since 2021.