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Fountain Walk, Northfleet, Gravesend

PROPERTY TYPE

Apartment

BEDROOMS

1

BATHROOMS

1

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

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Description

Guide Price: £150,000 | In Need of Full Refurbishment | No Chain

An excellent investment opportunity, 42 Fountain Walk is a one-bedroom first-floor apartment located in a popular and well-connected residential area of Northfleet. Offered as a probate sale and requiring complete refurbishment throughout, this property provides huge potential for buyers looking to add value—whether for resale, rental income, or as a long-term investment.

The apartment comprises a separate kitchen, a spacious living area, one double bedroom, and a bathroom. While the property is currently unmodernised, it represents a blank canvas for renovation and reconfiguration to suit modern tastes and rental expectations. With some thoughtful updates, it could achieve strong returns in both the sales and lettings markets.

The location is ideal for commuters and renters alike, with Northfleet Station just a short walk away, offering regular services into London. Ebbsfleet International is also nearby, providing high-speed connections to St Pancras in under 20 minutes. The area is well-served by local shops, supermarkets, parks, schools, and transport links, with Gravesend town centre just a short drive away.

For investors, similar refurbished one-bedroom apartments in the area are currently achieving rental figures in the region of £850–£950 per calendar month, offering a potential gross rental yield of approximately 6.8%–7.6% based on the guide price. With increasing demand for affordable, well-connected rental homes in the DA11 postcode, this is a rare opportunity to secure a high-yield asset at an accessible price point.

With no onward chain and probate already in motion, this is an ideal purchase for cash buyers or experienced landlords looking for their next project. Viewings are highly recommended to fully appreciate the potential on offer.

Leasehold
Lease Length: 125 Years from 22nd February 2010
Ground Rent: TBC
Service Charge: TBC
Gravesham Borough Council - Tax Band: A
Energy Efficiency Rating: E
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Fountain Walk, Northfleet, Gravesend

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About Acorn, Gravesend

6 Milton Road, Gravesend, DA12 2RE

Established in 1984 as a single, independent estate agency, The Acorn Group, which incorporates Acorn, Langford Russell and John Payne, now spans 40 offices throughout South London, Kent, and Medway. Our highly skilled team is dedicated to providing tailored services to all our clients. We cover a comprehensive range of property services including financial services, chartered surveyors, property management, lease extensions and more.

Affordability

Monthly repayments£685
Property: £ 150,000
Deposit: £ 15,000
Interest rate: 4.5%
Term: 30 years
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Disclaimer - Property reference GRV250075. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Acorn, Gravesend. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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