Pipes Place, Forge Lane, Gravesend, Kent, DA12 3DP

This substantial freehold property comprises a four-storey building featuring 11 self-contained flats, encompassing a total floor area of approximately 8,599 sq feet (798.85 sq metres) on an expansive plot of around 0.88 Hectares (2.16 Acres). Currently configured as 7 studio apartments and 4 one-bedroom flats, it offers an attractive investment opportunity with partial rental income totaling £33,395.16 per annum. Located in the desirable village of Shorne, Gravesend, this property boasts low flood risk, convenient access to local amenities, and is within reach of well-regarded schools including Shorne Church of England Primary School. Higham railway station is approximately 1.6 miles away, providing essential transport connectivity. Notably, planning permission was granted in 2004 for internal and external alterations that could enhance the building's value by expanding the number of units from 11 to 13 through the conversion of a historical nunnery structure into additional one-bedroom flats. Such potential renovations could significantly increase rental yields in this sought-after residential area.