5 Bed HMO, Chatham, ME4 5ET, £330,000

Victoria Road, Chatham, Kent, ME4 5ET - 7 months ago

Sold STC
HMO
ROI: 9%
~178

ValuationUndervalued











Cashflows























Property History

Price changed to £330,000

April 1, 2025

Listed for £325,000

September 20, 2024

Floor Plans

Description

  • Terraced house investment opportunity over 3 floors +
  • HMO investment currently licensed for 5 rooms for 6 people +
  • Communal living space, kitchen, bathroom and garden +
  • In good condition, 'turn key' ready +
  • Great location for town, ideal for commuters +

HMO INVESTMENT - Currently licensed for a House in Multiple Occupation with Medway Council for 5 rooms for 6 persons. The property is in great condition, which would no doubt attract potential commuters tenants. Tenants who are studying or working at Medway hospital are also common in this area, and room 2 features a study area which they will love. Room 5 is located on the second floor with a bathroom adjacent (one of 3 in the property). Communal CCTV, emergency lighting, smoke and fire alarm system, and security alarm are all ready, so you should be able to apply for your own HMO licence ASAP and start to get a return on your investment.

Room sizes:

  • Entrance Hallway
  • Kitchen: 18'0 x 9'2 (5.49m x 2.80m)
  • Rear Lobby
  • Shower Room
  • Room 1: 12'9 x 11'10 (3.89m x 3.61m)
  • Room 2: 12'4 x 10'0 (3.76m x 3.05m)
  • Study Area
  • Cellar Room
  • Landing
  • Communal Room: 9'1 x 8'5 (2.77m x 2.57m)
  • Room 3: 12'4 x 9'9 (3.76m x 2.97m)
  • Room 4: 12'10 x 9'11 (3.91m x 3.02m)
  • Separate Toilet
  • First Floor Bathroom
  • Room 5: 14'2 x 7'1 (4.32m x 2.16m)
  • Second Floor Bathroom
  • Rear Garden  
    The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
     
    We are pleased to offer our customers a range of additional services to help them with moving home. None of these services are obligatory and you are free to use service providers of your choice. Current regulations require all estate agents to inform their customers of the fees they earn for recommending third party services. If you choose to use a service provider recommended by Wards, details of all referral fees can be found at the link below. If you decide to use any of our services, please be assured that this will not increase the fees you pay to our service providers, which remain as quoted directly to you.

Agent Details

Wards, Chatham

01634 959314

Next Steps?

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