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2 bed flat for sale Nexus Apartments, Gillingham, SP8

OIRO

£100,000

Added on 16/09/2026

Type: Flat
Bedrooms: 2
Size: £157 per sq ft
Tenure: Leasehold

Key features

Investment Opportunity
£8,400 Gross Rental Income
6.2% Potential Gross Yield
Desirable Location
Close To Local Amenities
Tenants in Situ
Allocated Parking
Modern Apartment
Ideal for First Home

About this property

A generous ground floor, two bedroom apartment situated on the outskirts of Gillingham. Entering the property through the communal corridor the apartment comprises of and entrance hall, living space, kitchen, family bathroom and two double bedrooms.

This is a fantastic investment opportunity offering an annual rental income £8,400 and a potential gross yield of 6.2% or ideal for first time buyers as the perfect starter home.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,843
Band B

£2,151
Band C

£2,458
Band D

£2,765
Band E

£3,379
Band F

£3,994
Band G

£4,608
Band H

£5,530

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Dorset, 2026/27 bills run from £1,843 a year in band A to £5,530 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Dorset, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Property timeline

Listed

September 2026 £100,000

2 beds · this listing

Past sales can't be shown: the agent hasn't given the flat number.

Price guide

This home

£157 / sq ft

Area average (sold)

£304 / sq ft

Price per area, sold homes nearby

£211 / sq ft

£157 / sq ft

£391 / sq ft

Lowest

This home

Highest

£157 per sq ft, below almost all recent sales in SP8 (£211–£391, 10th–90th percentile, 487 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 487 homes sold in SP8 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in SP8 →

Location

Nexus Apartments, Gillingham, SP8

Open map Street View

Mortgage and stamp duty

Property price £100,000

£50k £150k

Deposit10% £10,000

£0 £100k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £90,000 mortgage. Most lenders would want a household income of about £20,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
Flat 12, Nexus, Addison Close Flat / maisonette	Flat / maisonette	Sept 2025	517 sq ft £174/sq ft	517 sq ft	£174	£90,000
Flat 11, Nexus, Addison Close Flat / maisonette	Flat / maisonette	Mar 2025	474 sq ft £226/sq ft	474 sq ft	£226	£107,000
Flat 15, Nexus, Addison Close Flat / maisonette	Flat / maisonette	Oct 2024	560 sq ft £189/sq ft	560 sq ft	£189	£106,000
Flat 10, Nexus, Addison Close Flat / maisonette	Flat / maisonette	Jun 2024	732 sq ft £195/sq ft	732 sq ft	£195	£143,000
Flat 5, Nexus, Addison Close Flat / maisonette	Flat / maisonette	Dec 2023	495 sq ft £230/sq ft	495 sq ft	£230	£114,000
Flat 17, Nexus, Addison Close Flat / maisonette	Flat / maisonette	Nov 2023	657 sq ft £213/sq ft	657 sq ft	£213	£140,000
Flat 9, Nexus, Addison Close Flat / maisonette	Flat / maisonette	Nov 2022	710 sq ft £197/sq ft	710 sq ft	£197	£140,000
Flat 19, Nexus, Addison Close Flat / maisonette	Flat / maisonette	Aug 2021	689 sq ft £109/sq ft	689 sq ft	£109	£75,000