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2 bedroom flat for sale
Purbeck Road, Chatham ME4
£125,000
Purbeck Road, Chatham ME4
£125,000
Price History
Initial price | £145,000 |
08/11/24 | £130,000 |
16/11/24 | £128,000 |
22/11/24 | £125,000 |
Price Change | -13.79% |
Description
This 2-bedroom flat in Chatham is a great investment opportunity for those looking to expand their portfolio. The property is currently generating an annual gross income of £10,740, but with some minor adjustments, the rent could be increased to a market rate of £14,220. The property is well-maintained and features two bedrooms, a lounge, kitchen, bathroom, and a rear garden. The current tenants, who have been in the property for several years, are willing to stay on, providing a stable and predictable income stream. With a worthwhile addition to an investor's portfolio, this property offers a great chance to generate strong returns with minimal hassle.