2 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold (250 years remaining)
- Prices from £232,000
- 1, 2, and 3 bedroom apartments available
- Completed in November this year
- Service Charge £1.88/sqft
- 36 minutes from London by train
- Buyer Incentives Available
- Award Winning Developer
- Leasehold 250 years
- Ground Rent £395 per annum
- Amazing Sea views from each apartment
X1 Chatham Waters is an exciting new development commanding a beautiful waterfront setting in Medway, Kent a mere 36 minutes by train from London's Kings Cross. Set on a harbor, these exclusive 1, 2 and 3 bedroom apartments boast private balconies with stunning views across the quayside, are extremely spacious, and have a contemporary feel throughout.
The project is being built by the award winning developer X1 and is scheduled for completion in November 2020. Once completed investors can enjoy a 6% net return. Crucial to this project is the fact that it forms an integral part of a wider £650m waterfront regeneration project being developed by Peel Group which will see the Chatham Docks area regenerated in to new retail, residential property, leisure facilities and also new transport links.
Chatham and the surrounding area is in itself one of the fastest growing London commuter belt towns and is currently undergoing a 20 year regeneration program of economic growth, new infrastructure and waterfront properties making the town one of the best prospects for capital growth in the UK.
Property prices in the area have risen over 240% in the past 20 years and are scheduled to rise by 25-30% over the next five years. The population of Kent is also increasing with a forecasted 22.9% growth in the population by 2031. Transport links to the area couldn't be better with a total journey time door to door from the project to London is just under an hour.
The developer has an exceptional track record with 27 completed developments, 9 projects currently under construction, 7 upcoming projects with over 7500 units sold.
This opportunity represents the perfect opportunity for investors wishing to capitalize on the expansion of the city of London. What with COVID-19 many residents are moving out of Central London due to not having to be in the office everyday. With property prices in Chatham nearly a third of those in Central London, Chatham and surrounding areas are destined to benefit from an influx of city workers arriving at it's doorstep in search of more value for money.
Development Features:
Mixture of 199 one, two and three bedroom apartments with stunning waterfront views
Secure car parking
State of the art gymnasium
Concierge services
Beautiful landscaped gardens
Commercial units on ground floor
Stunning wrap-around balconies on some apartments
High spec and spacious apartments
Investment Highlights:
Prices starting from just £220,000
1, 2 and 3 bedroom apartments
Just 10% Deposit required, balance on completion
Finance available
House prices in Medway Kent have risen 54% between 2014 - 2018
250 years leasehold
Service charge £2/sq ft per annum
36 minutes by train from London
10 years full build warranty
Award Winning Developer
Stunning water views from many apartments
Places of interest
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Broadband availability and predicted speed: obtained from Ofcom on March 22, 2022
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Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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