Shepperton Close, Chatham ME5 1 bed flat for sale

>

Shepperton Close, Chatham ME5 1 bed flat for sale

Shepperton Close, Chatham ME5
£78,000

Price History

Initial price £86,000
01/02/25 £80,000
15/03/25 £78,000
Price Change -9.30%

Description

This 1-bedroom flat in Chatham is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, bathroom, and parking space, and is currently generating an annual gross income of £6,600 from a long-term tenant. With a market rate potential of £9,000, the new owner has the opportunity to increase the rental income. The current tenants have a good track record of paying their rent on time and have no intention of moving out, making for a smooth transition. With its proximity to valuable amenities and potential for strong rental returns, this property is a worthwhile addition to any investor's portfolio.