Ocean Drive, GILLINGHAM
CO

Ocean Drive, GILLINGHAM

By Connells

£ 165,000

Reviews

2 out of 5 stars

Connells says ..

Modern one bed apartment with parking and river views. Being sold with tenant in situ. Well fitted kitchen leading to the open plan lounge and balcony.

Property Oracle says ..

This one-bedroom apartment situated on Ocean Drive in Gillingham, Kent, offers modern living with the convenience of city life. The property boasts an open-plan living area with a well-fitted kitchen, creating a spacious feel for its size. The presence of a balcony provides an outdoor space, although limited. The images showcase a bright, modern interior, with wood flooring in the living areas and a generally clean presentation. However, the bathroom displays a need for a thorough clean. The overall condition of the apartment is acceptable but could be enhanced with some minor updates and a more thorough cleaning.

The location is advantageous, with Gillingham train station within a reasonable distance. This provides quick access to Chatham, Rochester, Strood, and other towns in the Medway area, as well as London. A selection of schools, including primary schools and Waterfront UTC are also within walking distance, though it’s important to note the Ofsted ratings vary in quality. The immediate neighbourhood may lack extensive shopping facilities, but the proximity to larger towns ensures that this is not a major drawback.

The lack of land associated with the property is a significant factor. As an apartment, it comes with a small balcony, offering minimal outdoor space. This could limit appeal for buyers who prioritize gardens and private land. The property benefits from a river view from the balcony which is a significant added bonus to the property.

The price point is a relative consideration. Considering comparable properties in the surrounding area that are very similar, the listing price appears to fall within the typical range of values. While not exceptionally cheap, it does not appear overpriced given the location and condition. Buyers should consider the size and lack of outdoor space when making their evaluation.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
613.54

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
258,294.00 £
Increased by 3.99 %
from 248,375.00 £
Est sale value
228,850.42 £
Increased by 24.75 %
from 183,448.46 £
Average area rental value
1,321.00 £/mo
Decreased by 18.41 %
from 1,619.00 £/mo
Est letting value
613.54 £/mo
Unchanged by 0.00 %
from 613.54 £/mo
Est rental Yield
6.14 %
Decreased by 21.48 %
from 7.82 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Connells created the listing.

Nearby Schools

NameTypeOfstedDistance
Waterfront UtcUniversity Technical College0.63 KM
Burnt Oak Primary School & Children'S CentreChildren's Centre0.66 KM
Burnt Oak Primary SchoolCommunity SchoolRequires improvement0.66 KM
Rivermead SchoolAcademy Special ConverterGood0.73 KM
Saxon Way Primary SchoolAcademy Sponsor LedGood0.91 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
East End Road £ 294,00000.00 KM
Pier Road Industrial Estate £ 000.00 KM
Dynamo Way £ 000.00 KM
The Kell £ 000.00 KM
Cleveland Road £ 232,75000.00 KM

Nearby Transport

NameNLCTLCDistance
Gillingham (Kent)5169GLM1.25 KM
Chatham5199CTM4.09 KM
Rochester5203RTR5.02 KM
Strood (Kent)5191SOO5.97 KM
Rainham (Kent)5177RAI7.18 KM

Nearby Listings

AddressPriceTypeScoreDistance
Ocean Drive, Gillingham £ 150,000BUY5 / 100.00 KM
Ocean Drive, Gillingham, Kent, ME7 £ 245,000BUYUnknown0.00 KM
Ocean Drive, Gillingham £ 185,000BUY5 / 100.00 KM
Ocean Drive, Gillingham £ 150,000BUY5 / 100.00 KM
Ocean Drive, Gillingham £ 160,000BUY5 / 100.00 KM

Nearby Properties

AddressPriceDistance
Chestnut Cottage £ 275,0000.08 KM
36 Leslie Road £ 93,0000.25 KM
6 Leslie Road £ 165,0000.25 KM
7 Leslie Road £ 241,0000.25 KM
11 Leslie Road £ 185,0000.25 KM