Kent Flip Opportunity
About this property
Kent Flip Opportunity - 2-Bed Apartment | Leasehold
Northfleet, Gravesend, Kent, DA11 9FE
- Northfleet Apartment
- Allocated Parking
- 113-Year Lease
▪ Purchase price: £180,000
▪ GDV: £230,000 (RICS VAL)
▪ Approx. 21.7% Below Market Value
▪ Ground rent: £200 per annum
▪ Service charge: £198.02 per month
Refinance Example:
▪ Estimated value: £230,000
▪ 75% LTV refinance: £172,500
▪ Estimated money left in deal: Approx. £22,600
Key selling points:
* Allocated parking
* Two-bedroom apartment
* Long lease remaining (approx. 114 years)
* Excellent commuter location
* Strong rental demand
* Ideal first-time or buy-to-let investment
* Great flip potential
Cash or bridging buyers preferred due to speed required.
DM if interested before it’s gone.
Investment calculators
Need finance? Sourced Financial Services specialise in HMO mortgages and can secure same-day decisions in principle.
Speak to a brokerAssumes English SDLT rates and 3% additional property surcharge. Welsh LTT and Scottish LBTT differ. Always confirm with your solicitor.
Ltd company (SPV) purchases pay the same additional-property SDLT rates, but mortgage interest is fully deductible against rental profits.