TYPEHouse, Mixed Use, Other, Residential, Other Property Types & Opportunities
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON11th August 2021
The Property Advantage is delighted to be presenting this high-quality 6 bedroom, all en-suite HMO in Gillingham. It has been brand newly refurbished to a high spec and recently completed in May 2021. In addition, the property compromises two communal kitchens, the first is located on the ground floor and the second on the first floor, and a storeroom in the basement.
This is a fully licensed and compliant HMO and is fully tenanted with working professionals. The Gross Income is £43,140 per annum and the Gross Yield is 9.59%.
Location Location Location. Situated in Gillingham, Kent the property benefits from a town centre location. Gillingham train station is within an 8-minute walk (0.4 miles) and is a popular location for commuting to central London with direct trains into London St Pancreas in 45 minutes and, London Victoria in 51 minutes. The property is also ideally located to local amenities which are a stone's throw away, the Sainsbury's local is within a 3-minute walk (0.1 miles away) and the local Aldi is an 8-minute walk away (0.4 miles).