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Residential investment for sale - Estuary View Apartments, 4 High Street, Northfleet, Gravesend

Estuary View Apartments, Northfleet, Gravesend

CommercialUK

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Price
£2,750,000
Tenure
freehold
Listed
Today

Property Description

Estuary View comprises a detached three storey residential block built in 2023. The Property comprises 7x private flats (4 x 2 bed, 2 x 1 bed and 1x 2 bed penthouse), each with an allocated parking space undercroft and vehicle charging points. Each flat benefits from underfloor heating, Mechanical Ventilation Heat Recovery systems, high speed broadband, use of communal gardens and private balconies. All the flats are currently let on ASTs, producing a rental income of £165,000pa. A new agreement has just been signed with a management company to one for a term of 5 years (until 31st March 2030), with a guaranteed rent of £165,000pa. A rent review is scheduled for January 2027.
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S
Savills

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