Ocean Drive
Gillingham







Property details
Key features
- One Bedroom Flat
- Balcony
- Gym Access
- Permit Parking
- Close to Amenities
Council Tax Band:
C
Tenure:
Leasehold
Ground Rent:
£3,252.00
Ground Rent Review Period:
Contact Branch
Annual Service Charge:
£3,252.00
Length of Lease:
118 years
Shared Ownership:
40%
Rent:
£332.0
The property features a bright and spacious open-plan living area with direct access to a private balcony-ideal for relaxing or entertaining. The contemporary kitchen is fully fitted with dining area, while the generously sized double bedroom provides ample storage.
Residents benefit from exclusive access to an on-site gym, adding a premium lifestyle touch. The property also includes permit parking, ensuring ease and convenience for drivers.
Ideally situated close to a wide range of local amenities, including shops, cafés, and excellent transport links, this flat combines comfort, style, and practicality.
Agents Note
Pricing & Affordability
Full Market Value: £170,000
40% Share Price: £68,000 (rent £332pcm inc)
Minimum 5% Mortgage Deposit (40% share): £3400
Service Charge: £200 pcm
Ground rent: £211 pcm
To be eligible for shared ownership you would need to meet the following criteria:
o Your household income does not exceed £80,000
o You have a deposit of at least 5% of the share value
o You do not own another property or have your name on the deeds or a mortgage for a property worldwide
o This will be your only residence
o You are a permanent UK resident or have indefinite right to remain
Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.
Utilities, rights & restrictions
Expand
Utility Supply:
- ElectricityContact branch
- WaterContact branch
- HeatingContact branch
- BroadbandContact branch
- SewerageContact branch
Rights & Restrictions:
- Private rights of wayContact branch
- Public rights of wayContact branch
- Listed propertyContact branch
- RestrictionsContact branch
Risks:
- Flooded in last 5 yearsContact branch
- Flood defencesContact branch
- Source of floodContact branch
Guidance Notes
While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.
(1) MONEY LAUNDERING REGULATIONS Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. (2) These particulars do not constitute part or all of an offer or contract. (3) The measurements indicated are supplied for guidance only and as such must be considered incorrect. (4) Potential buyers are advised to recheck the measurements before committing to any expense. (5) We have not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. (6) We have not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.Similar Properties
Recently Sold In This Area
PLEASE BE AWARE, THESE RESULTS ARE FOR ILLUSTRATIVE PURPOSES ONLY AND SHOULD NOT BE CONSIDERED AS A MORTGAGE QUOTE. THESE ARE BASED ON A REPAYMENT MORTGAGE AND MAY VARY DEPENDING ON THE TERM AND INTEREST RATE OF YOUR MORTGAGE. LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP. *THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 31/12/2024 AND IS CORRECT AS AT 13/02/2025.
Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.

