, 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
Tahir
Buy-to-let investor
“Really easy to do business with and get setup. This company is transforming the way companies are setup, business is done and accounts are done/settled. Amazing web site very intuitive! well done getground!”
Ho Chuen
Buy-to-let investor
“The Get ground team is always quick to respond to my queries, both of the UK and HK branches' contacts. I recommend their system and service as a BTL investor.”
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!”
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