The block
TENURE
Freehold
NO OF UNITS
15
TENANCY STATUS
Tenanted
FURNISHED
No
TOTAL SQ FT
7,158
PRICE SQ FT
£421
Block information
- The block is made up of 15 units comprising:
- 6 x 1-bed apartments
- 6 x 2-bed apartments
- 3 x commercial units
- The block was recently fully refurbished
- The square footage displayed is for the apartments only
- EPC ratings C & D
- Council tax bands A & B
Rental information
At the time of listing the apartments are tenanted and the commercial units are vacant
Once fully tenanted the block is expected to achieve:
- Apartments - £10,860 pcm
- Commercial unit 1 - £1,040 pcm - currently under offer
- Commercial unit 2 - £1,040 pcm - estimated rent
- Commercial unit 3 - £1,040 pcm - estimated rent
- Total monthly rental income: £13,640
- Total annual rental income: £163,680
- Total gross yield: 5.4%
Location information
- The property is located in the centre of Gravesend
- All local amenities are just a short walk away
- Gravesend railway station can be reached in less than 5 minutes on foot
Available upon request
- Block breakdown
- Full floorplan
- EPCs for all units
Note
Please note that Vesta has not visited this property and that the vendor has provided all material.
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Floorplans
Documents available on request, please contact for viewings or further questions.
The information relating to this property is supplied by the vendor and was the latest available information at the time of listing. Certain information may expire or become inaccurate over time.
Vesta makes no warranty as to the accuracy or completeness of the property listing or any associated information. All information should be reviewed by the purchaser and their solicitor.
About Gravesend, Kent
Gravesend is a town in Kent on the river Thames and lies around 21 miles southeast of Charing Cross.
The A226 runs through Gravesend and connects it to Crayford to Strood via Dartford and Gravesend. The A227 connects the town to Tonbridge. Approximately 2 miles south the A2 passes Gravesend connecting it to central London and Dover.
Gravesend railway station is on the North Kent Line with services operated by Southeastern and Thameslink. Trains run to London St Pancras International, London Charing Cross via Sidcup, Luton via Woolwich Arsenal and Greenwich, Rainham, as well as Ramsgate via Faversham.
Some of the local landmarks include Gravesend Town Pier, Royal Terrace Pier, Gravesend Clock Tower, Pocahontas statue, Windmill Hill and Gravesend Power Station. Tilbury Fort across the water from Gravesend also offers a great day of exploring. There is a daily ferry from Gravesend Town Pier to Tilbury. For outdoor lovers there is Shorne Woods Country Park which has 292 acres of meadows, woodlands and wetlands which can easily be explored. It also has a visitor centre, café, sensory garden, orienteering, fishing lakes, play ares, a trim trail and picnic areas.
Shopping in Gravesend is mainly centred around the local high street as well as a number of shopping centres, including the St Georges shopping complex, Thamesgate shopping centre and Imperial retail park. Another fantastic shopping opportunity is Gravesend Borough Market, one of the oldest markets in Kent, which underwent a £1.8 million refurbishment and reopened in 2016.
Education is provided by a number of primary schools, special schools and several independent schools, whilst secondary education is provided by Gravesend Grammar School, Northfleet School for Girls, Northfleet Technology College, Mayfield Grammar School, St John’s Catholic Comprehensive School, Thamesview School and St George’s Church of England School.
Due to its location and great transport links Gravesend is a commuter town, especially for companies within the Thames Gateway.
High Street,
Gravesend,
Kent,
England,
DA11 0AZ
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