Short Lease BMV Flat in Kent
About this property
SOUTH EAST BMV BUY TO LET – GRAVESEND DA11
52 St Marks Avenue, Gravesend, DA11 9LW
Purchase Price: £125,000
Estimated End Value (Post Refurb & Lease Extension): £200,000
* 2 Bed First Floor Flat
* Approx. 59 sqm
* Vacant Possession
* Walking Distance to Train Station & Local Amenities
* Strong South East Rental Location
Rental Expectation: £1,000 PCM
Refurb Estimate: Approx. £10,000
(New kitchen, bathroom, carpets and full redecoration to a good modern rental standard)
Leasehold – Approx. 84 Years Remaining
Ground Rent: £50 PA
Service Charge: Approx. £480 PA
Estimated Lease Extension Cost: Approx. £42,000 (buyers should verify independently)
Good opportunity for an investor looking for a discounted South East asset with strong rental demand and long-term upside potential.
DM if interested.
Investment calculators
Estimate only, using UK additional-property SDLT rates. Confirm the exact figure with a solicitor or accountant before exchanging.
Ltd company (SPV) purchases pay the same additional-property SDLT rates, but mortgage interest is fully deductible against rental profits.
Need finance? Sourced Financial Services can find the right mortgage for this deal and secure same-day decisions in principle.
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