, Gravesend, DA11 0TB
£2,900,000
Financial snapshot
Your initial investment
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Estimated deposit
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Purchase fees
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Your total return by 2035
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Annual return
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Rental growth p.a.
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Cap growth p.a.
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Rental income p.c.m.
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Gross yield
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Indicative returns are based on historic data - please note past performance is not necessarily indicative of future results and actual returns may differ materially from the returns indicated here
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Area highlights
Property snapshot
Apartment
732 sq ft
2 Bedrooms
1 Bathroom
Tenanted
Freehold
Overview
This freehold 15-unit apartment block in Gravesend, DA11 0TB, is an exceptional buy-to-let opportunity, offered at £2,900,000, reflecting a 3.4% discount. The property comprises 6 x 1-bed apartments, 6 x 2-bed apartments, and 3 commercial units. Currently, the apartments are tenanted, generating an annual rental income of £163,680, with a gross yield of 5.4%. Once fully tenanted, including the vacant commercial units, the block is expected to achieve £170,700 annually, increasing the yield to 5.8%. This high-yielding investment offers net monthly cashflow of £7,587 (£91,044 annually), making it a strong addition to any portfolio. The property was recently refurbished, with EPC ratings of C & D, and offers significant potential for further rental increases.
What our customers say about us
Ricky
Buy-to-let investor
“Set up two companies so far to manage two properties via get ground. Very smooth process and have also had the first years accounts done too. Very simple process so far. Great for managing my small property portfolio.”
Raghda
Buy-to-let investor
“GetGround manages my property from A to Z. The process from the beginning until today is running smoothly. They provided consultation, step by step setup guide, and also the response rate was very high when I contacted their customer care department.”
Graham
Buy-to-let investor
“The Getground service really makes the process of setting up and running a SPV company, and associated banking, a seamless easy process all for a low monthly fee. Support has always been on hand when needed with help for accounting submission etc. Highly recommend!”
Meet the team