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62 Watersmeet, St. Marys Island, Chatham, ME4 3HD

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Description

In Partnership with Auction House, FOR SALE BY ONLINE AUCTION ON TUESDAY 9TH DECEMBER 2025

TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE

Two bedroom third floor apartment requiring refurbishment

Situated on the newly completed St. Mary's Island-formerly part of the Chatham Dockyard-this property presents an exceptional value-add opportunity for developers, investors, or owner-occupiers.

The accommodation comprises an open-plan living room and kitchen, two bedrooms (one benefiting from an en-suite), and a separate family bathroom. The property also includes an allocated parking space for added convenience. The lease length is 125 years from 1 December 2004, with a ground rent of £150 pa and a 6 monthly service charge of £1,532.44.

St. Mary's Island offers a range of local amenities, including a primary school and a medical practice, along with scenic riverside walks and dedicated cycle paths. The Dockland Outlet Centre, located approximately a 20-minute walk away, features a supermarket and public house. Gillingham railway station is situated just 2.3 miles from the property, providing regular rail services into London.

Third Floor Flat Entrance hall, living room/kitchen, two bedrooms, ensuite shower room, bathroom
Outside Parking space
Council Tax D

Tenure: Leasehold

Lease Details: 125 years from 1 December 2004

EPC Rating: C

Administration Fee: £1200 inc VAT payable on exchange of contracts.

Buyer's Premium Fee: £1000 inc VAT payable on exchange of contracts.

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Summary

Key points

  • Value add opportunity
  • Allocated parking space
  • Guide price: £140,000
  • Unless previously sold or withdrawn prior
  • Two bedrooms
  • Walking distance from amenities
  • For sale by online auction
  • Tuesday 9th December, 2025

Contact

Sibley Pares Chartered Surveyors
Tel: 01622 673086
Mitchell Bourner
mitchell.bourner@sibleypares.co.uk
www.sibleypares.co.uk

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