2 bedroom apartment for sale

  • £300,000
  • 5.9% Rental Yield
  • 70 ALI
Malin House, St Marys Island, ME4
For Sale

2 bedroom apartment for sale

Malin House, St Marys Island, ME4
  • £300,000
  • 5.9% Rental Yield
  • 70 ALI

Overview

Updated on September 28, 2024
  • Property Type
  • 2
  • Bedroom
  • 2
  • Bathroom
    • Sq Ft
  • Year Built

Description

This 2 bedroom apartment benefits from 3 separate balconies, with 2 of them offering STUNNING VIEWS OVER THE RIVER.

This first floor apartment has a backdrop of the River Medway to the lounge and master bedroom, it can make for a fantastic setting when waking up in the morning and opening your balcony doors to take in the view before setting off for the day. At the end of the day, when you get back home, sit back and watch the boats sail past whilst you unwind and relax.

The open plan living area is a good, comfortable size and will make a good area to entertain friends and family in.

There are 2 allocated parking spaces opposite the front doors of the apartment block and the lift access to the apartments will always come in useful.

THE OWNER QUOTE

We lived on St. Mary’s Island for 12 years and loved being near the river and the close proximity to the outlet centre and all of the restaurants,

When the flat was built overlooking the river we went to see it and didn’t hesitate in buying it as we felt it would be a great place for us to move into in our retirement. It is such a calm setting overlooking the river and the room sizes are larger than most flats I have seen before.

Due to a change in our circumstances we are no longer living in Medway so will sadly not be moving into the flat in our retirement.

Council Tax Band D

Flat lease 250 years from 2007 (233yrs)

Ground Rent £250 per annum

Chatham Maritime trust charge £220 per annum

Service charge £1,341.80 6 monthly ( just paid)

Arical Liveability Index

70
Schools
Average
Restaurants
Good
Transport
Average
Services
Good
Groceries
Good
Safety
Outstanding

What's Nearby?

Open in Google Maps

Predicted Rental Yield

5.9%

Rental yield is the return a property investor is likely to achieve on a property

Transaction Nearby

Mortgage Calculator

Monthly
  • Principal & Interest
  • Property Tax
  • Home Insurance
  • PMI
£
£
%
£
£
£

Compare listings

Compare