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£195,000
Guide Price

2 bed flat for sale Pearl Lane, Gillingham

2 beds 3 baths Apartment
Leasehold

Added today

About this property

Modern riverside third floor apartment with private parking and balcony available chain free. Opportunity to buy with long standing tennant currently paying £1395 per month, the highly sought after parking space can also be rented out if not required. Smart, stylish and ready to move into, this two-bedroom apartment offers easy living by the water, with everything you need right on your doorstep.

Key features

  • Chain Free
  • Over 980 Years Remaining On Lease
  • Communal Gym Access
  • Allocated Parking Space (Rare In This Development)
  • Family Bathroom & En-Suite
  • Private Balcony
  • Ideal Buy-To-Let Investment
  • Victory Pier Development On The River Front
  • Two Bedroom Third Floor Apartment

Floorplan

Location

Pearl Lane, Gillingham, ME7 1FU

Council tax
Band D (Approx £2,329/year)

Mortgage and stamp duty

Property price £195,000
£97k £293k
Deposit10% £20,000
£0 £195k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £175,000 mortgage. Most lenders would want a household income of about £39,000 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.

Historic sold prices nearby

HM Land Registry sales in ME7 1FU. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
36, The Boardwalk, Pearl Lane Flat / maisonetteMar 2026700 sq ft £300/sq ft£210,000
5 The Boardwalk, Pearl Lane Flat / maisonetteMay 2025667 sq ft £270/sq ft£180,000
66, The Boardwalk, Pearl Lane Flat / maisonetteNov 2024592 sq ft £380/sq ft£225,000
20, The Boardwalk, Pearl Lane Flat / maisonetteJul 2022721 sq ft £302/sq ft£217,500
54, The Boardwalk, Pearl Lane Flat / maisonetteJun 2022732 sq ft £314/sq ft£230,000
66, The Boardwalk, Pearl Lane Flat / maisonetteApr 2022592 sq ft £372/sq ft£220,000
45, The Boardwalk, Pearl Lane Flat / maisonetteFeb 2022700 sq ft £304/sq ft£213,000
61, The Boardwalk, Pearl Lane Flat / maisonetteMar 2021463 sq ft £389/sq ft£180,000

All sales on Pearl Lane → All sold prices in Gillingham →

Area insights

The neighbourhood around this property.

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