£1,500,000 /Sale price

A rare and compelling opportunity to acquire the freehold of a brand new residential apartment block in the heart of Gravesend town centre, offering a fully completed, high-specification development comprising six one-bedroom apartments and one three-bedroom penthouse. This boutique development has been meticulously designed and finished by a private developer with a clear emphasis on quality, style, and long-term value, making it an ideal turnkey investment for portfolio landlords, developers, or institutional buyers seeking strong rental returns and future capital appreciation.This striking four-storey building houses two apartments per floor, with the penthouse occupying the entire top level. Each apartment has been thoughtfully laid out with open-plan living spaces and high-end finishes throughout. Kitchens are modern, sleek, and functional, with high-gloss cabinetry and fully integrated appliances. The flooring throughout each unit is finished with beautiful porcelain tiles laid in a herringbone pattern, creating a contemporary and cohesive interior style. Bathrooms are equally impressive, featuring luxury tiling, modern suites, and premium fittings that add to the overall high-spec feel.Additional features across the block include a secure video entry system, fully double-glazed windows, and an advanced heating system with smart digital controls, ensuring comfort, efficiency, and peace of mind for residents. Every detail has been carefully considered, with no expense spared in creating a modern, low-maintenance development ideally suited for professional tenants.The crown of the development is the spacious three-bedroom penthouse apartment, offering a bright and airy open-plan kitchen and lounge area, three generously sized bedrooms, a modern bathroom, and a private balcony accessed from the main living space. The penthouse provides additional appeal for tenants seeking larger, high-end accommodation or could serve as an exceptional owner-occupier unit within the block.Situated in the vibrant centre of Gravesend, this development enjoys immediate access to the town's amenities, including a wide selection of restaurants, cafes, gyms, supermarkets, and retail outlets. Crucially, Gravesend train station is just a short walk away, offering high-speed rail connections to London St Pancras in under 25 minutes, making the location extremely attractive to commuters and young professionals. With strong local rental demand and an undersupply of modern, high-quality apartments, the block offers excellent long-term income security.From an investment perspective, the property provides a projected rental income of approximately £9,250 per calendar month, equating to £111,000 per annum. The six one-bedroom apartments are expected to achieve £1,250 pcm each, while the penthouse is estimated at £1,750 pcm. Based on current market conditions and expected pricing, this development offers the potential for a gross rental yield in the region of 6.5% to 7%, making it a particularly appealing option for investors seeking stable returns from a newly built, low-maintenance asset.In summary, this is a rare chance to acquire a new-build, fully completed, and high-spec freehold apartment block in a fast-growing commuter town with direct links to London. The combination of location, build quality, and income potential makes this one of the most compelling investment offerings currently available in the Gravesend area.Early enquiries are strongly recommended. Please contact us for further information, rental comparable, floorplans, or to arrange a private viewing.