There's a version of apartment living that feels like a compromise. This isn't it.
Positioned on the third floor of Shippick Apartments, this two-bedroom home opens in all the right ways. A generous entrance hall leads into an open-plan lounge, kitchen and dining room that stretches over 18 feet, with wide doors drawing your eye straight out to the balcony and the river beyond. South-facing, light-filled, and genuinely usable: this is a space that works as hard as the people who'll live in it.
The principal bedroom is a proper double, with its own ensuite. The second bedroom holds its own as a guest room, home office or flatmate territory. Both bedrooms offer ample storage for clothing, so no concerns there.
Both bathrooms are clean, contemporary and low maintenance. The kitchen is arranged for people who cook, not just people who occasionally make coffee.
The numbers make sense too. Energy rating B keeps running costs in check. With 243 years remaining on the lease and a peppercorn ground rent, buyers and lenders can both relax. An allocated parking bay, which is genuinely valuable this close to town, and visitor permits complete the picture.
For investors, the maths is straightforward: at £315,000, rental projections of £1,450 – £1,600 pcm point to a gross yield in the region of 5.5% – 6%. Service charges currently sit at approximately £204 per month, with negotiations ongoing.
Rochester itself rarely needs selling. The High Street, cathedral and castle are minutes away on foot. The station with high-speed services into London is closer still, a 5-minute walk. Whether you're buying your first home, downsizing into something smarter, or adding to a portfolio, this apartment delivers without the usual caveats.
Property launches for viewings: Saturday 6th June, 10am – 2pm. Call ext. 209 to register.
Stamp duty due
Based on a sale price of £315,000 the total amount of stamp duty payable will be:
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Last updated: The calculator has been updated to reflect changes in stamp duty following the Autumn Budget on 30th October 2024 for April 1st 2025 onwards.