Milton Road, Gravesend, Kent, DA12
AL

Milton Road, Gravesend, Kent, DA12

By Alexander Charles & Browne

£ 1,050,000

Reviews

2 out of 5 stars

Alexander Charles & Browne says ..

Are you looking for your next investment to add to your already existing portfolio which is generating income from day one? Thinking of taking the plunge into property investment and looking for a stress-free purchase?A fantastic rarely available investment opportunity, Four apartments ...

Property Oracle says ..

This property on Milton Road, Gravesend, is a multi-apartment building presenting an investment opportunity. The central location is a strong selling point, with close proximity to Gravesend train station and several schools, including a highly-rated grammar school. The transport links to London are a definite advantage. However, the provided images reveal that several apartments have inconsistencies in style and condition. Some units are furnished to a higher standard than others, and some interior spaces require improvement to appear move-in ready for renters. The garden is of modest size. The list price appears reasonable compared to other local listings, though this remains subject to the verification of square footage for a more precise valuation. Prospective buyers should carefully consider the potential refurbishment costs for achieving optimal rental yields and a more homogenous finish between the apartments. A comprehensive survey is crucial to assess the structural integrity and identify any underlying maintenance issues. This could impact the overall return on investment.

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
5
Location
7
Land
4
Bedrooms
7
Bathrooms
4

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 £
Average area rental value
1,220.00 £/mo
Increased by 6.46 %
from 1,146.00 £/mo
Est rental Yield
3.01 %
Decreased by 45.17 %
from 5.49 %
Crime Rate
14.00 %
Unchanged by 0.00 %
from 14.00 %

Agent Activity

  • Alexander Charles & Browne marked this listing as sold.

  • Alexander Charles & Browne created the listing.

Nearby Schools

NameTypeOfstedDistance
Little Pebbles Children'S CentreChildren's Centre0.15 KM
Chantry Community AcademyAcademy Sponsor LedGood0.15 KM
Holy Trinity Church Of England Primary SchoolAcademy Converter0.43 KM
Pier View AcademyOther Independent Special SchoolRequires improvement0.59 KM
Gravesend Grammar SchoolAcademy ConverterOutstanding0.68 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Milton Road £ 610,00000.00 KM
Copper Beech Close £ 000.00 KM
Bentley Street £ 500,00000.00 KM
Canal Basin £ 000.00 KM
East Milton Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Gravesend5172GRV1.31 KM
Tilbury Town7462TIL3.67 KM
Northfleet5120NFL6.01 KM
East Tilbury7471ETL6.30 KM
Sole Street5126SOR6.32 KM

Nearby Listings

AddressPriceTypeScoreDistance
Milton Road, Gravesend, Kent, DA12 £ 1,050,000BUY5 / 100.00 KM
Milton Road, Gravesend, Kent, DA12 2PJ £ 400,000BUY6 / 100.09 KM
Park Place, Gravesend £ 170,000BUY5 / 100.14 KM
Milton Road, Gravesend, Kent £ 135,000BUY6 / 100.15 KM
Park Place, Gravesend, DA12 £ 141,000BUY5 / 100.15 KM

Nearby Properties

AddressPriceDistance
55 Park Place £ 150,0000.05 KM
102 Park Place £ 187,0000.05 KM
85 Park Place £ 88,0000.05 KM
83 Park Place £ 101,0000.05 KM
62 Park Place £ 105,0000.05 KM