4 bedroom Block of Apartments
Ordnance Terrace, Chatham
£525,000 Offers In Excess Of
Alternatively you can call us on 01634 963764 or visit our Medwaybranch
Freehold Block of 4 Self-Contained Flats – Investment Opportunity WITH CAR PARK
Freehold Opportunity
An attractive residential investment opportunity comprising a block of four self-contained flats, currently producing an impressive gross yield of approximately 8.1% based on the existing rental income.**
Situated in Ordnance Terrace, Chatham, the property offers investors the opportunity to acquire a fully income-producing block with four separately self-contained residential units, providing a diversified rental income stream within a single freehold asset.
The property is particularly suited to investors seeking strong rental returns, multiple income streams and the potential for future capital growth within an established Kent location.
Also including a car park to the rear!
Property Reference: HRT025716157
About Strood
Medway is home to the historic Chatham Dockyard and Rochester Castle. It has several Sites of Special Scientific Interest (SSSI) such as Lodge Hill and the Medway estuary and marshes, and is only a short 38-minute train journey to central London, for those that want the city buzz. The Rochester and Medway area is rich in seafaring history, and Rochester itself was a favourite of Charles Dickens, who based many of his novels in the area.
The town’s cobbled streets, historic buildings and ancient cathedral are certainly evocative of another time, but cool boutiques and galleries are also dotted around the town. With a population above 270,000, Medway is well served with 97 schools which cater to the family-friendly area.
There is also a number of marinas, yacht clubs and sailing clubs to keep the community entertained. The Medway towns are Rochester, Gillingham, Chatham, Strood and Rainham. The A2 runs through the towns along with the site of the old Dover to London Roman road. Via the M2 you can be at the coast in no time.
£296,231
Average price paid in Strood
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