The Grove, Gravesend, Kent, DA12
MA

The Grove, Gravesend, Kent, DA12

By Mann

£ 780,000

Reviews

3 out of 5 stars

Mann says ..

OIRO £780,000 An excellent opportunity for all investors to purchase this going concern, full let four apartments in the heart of Gravesend town centre. The block of apartments has been let for a number of years with full tenancy agreements available on request. All tenants would...

Property Oracle says ..

The property is a 6 bedroom, 4 bathroom flat located on The Grove in Gravesend, Kent. It is listed at £780,000 and has 711.49 sqft of living space and a plot size of 2,263.65 sqft. The location is central Gravesend, with nearby transportation links including Gravesend train station (0.69km). Several primary and secondary schools are within a 1km radius, including Chantry Community Academy which has a ‘Good’ Ofsted rating. The proximity to these amenities makes this a convenient location. Based on the provided images, the property appears to be in good condition. The interior is modern and well-maintained. There is no visible evidence of significant damage or the need for extensive repairs or renovations. While the plot size is not exceptionally large for a flat, it offers some outdoor space. This is a positive aspect, especially considering the location. Considering the list price of £780,000, the average price in the area is £259,400 and the average price per sqft is £308. This property is significantly more expensive than the average. However, the higher price may be justified by the larger size (711.49 sqft), the number of bedrooms (6) and bathrooms (4), and its central location. The lack of sqft data for comparable properties makes a definitive price comparison difficult. Further investigation into similar properties in the area with comparable features would be needed to determine if the asking price is reasonable.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
5
Condition
9
Location
8
Land
4
Bedrooms
6
Bathrooms
4
Sqft (est)
711.49
Lot (est)
2,263.65

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
487,124.00 £
Increased by 94.35 %
from 250,641.00 £
Est sale value
438,277.84 £
Increased by 112.41 %
from 206,332.10 £
Average area rental value
1,220.00 £/mo
Increased by 6.46 %
from 1,146.00 £/mo
Est letting value
711.49 £/mo
Unchanged by 0.00 %
from 711.49 £/mo
Est rental Yield
3.01 %
Decreased by 45.17 %
from 5.49 %
Crime Rate
23.00 %
Unchanged by 0.00 %
from 23.00 %

Agent Activity

  • Mann created the listing.

Nearby Schools

NameTypeOfstedDistance
Pier View AcademyOther Independent Special SchoolRequires improvement0.16 KM
Holy Trinity Church Of England Primary SchoolAcademy Converter0.34 KM
Chantry Community AcademyAcademy Sponsor LedGood0.61 KM
Little Pebbles Children'S CentreChildren's Centre0.61 KM
Wrotham Road Primary SchoolAcademy Converter0.74 KM

Images

Front Kitchen/Lounge/Diner Lounge Kitchen/Lounge/Diner Kitchen/Lounge/Diner Lounge Lounge Lounge Lkitchen/Lounge/Dine Kitchen Kitchen/Lounge/Diner Kitchen/Lounge/Diner Bedroom Bathroom Bathroom Entrance Hall Front

Nearby Streets

NameAverage PriceAverage SqftDistance
West Crescent Road £ 000.00 KM
Manor Road £ 000.00 KM
Bentley Street £ 500,00000.00 KM
Lord Street £ 000.00 KM
South Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Gravesend5172GRV0.69 KM
Tilbury Town7462TIL3.18 KM
Northfleet5120NFL5.39 KM
Ebbsfleet International5566EBD5.75 KM
Meopham5116MEP6.29 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Grove, Gravesend, Kent, DA12 £ 220,000BUY5 / 100.00 KM
The Grove, Gravesend, Kent, DA12 £ 220,000BUY6 / 100.00 KM
The Grove, Gravesend, Kent, DA12 £ 780,000BUY6 / 100.00 KM
The Grove, Gravesend, Kent, DA12 £ 190,000BUY6 / 100.00 KM
The Grove, Gravesend, Kent, DA12 £ 190,000BUY6 / 100.00 KM

Nearby Properties

AddressPriceDistance
100 Peacock Street £ 220,0000.06 KM
99 Peacock Street £ 200,0000.08 KM
100a Peacock Street £ 120,0000.08 KM
97 Peacock Street £ 116,0000.08 KM
101 Peacock Street £ 265,0000.08 KM