5 bedroom end of terrace house for sale

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5 bedroom end of terrace house for sale

East Street, Chatham
£255,000

Our Summary

  • An exceptional opportunity for seasoned investors: this 5-bedroom, 6-person licensed HMO is offered with approved planning permission (Ref
  • HMO Investment Opportunity
  • Sold via online Auction

Description

This exceptional 5-bedroom, 6-person licensed HMO is being sold via secure online bidding, with a starting bid of £255,000. The property has approved planning permission to convert the basement and expand to a 7-bedroom, 7-person HMO, significantly increasing rental yield and long-term return. Additionally, a Lawful Development Certificate has been granted for change of use from a dwelling house to a small HMO, confirming compliance and paving the way for further enhancement. Located in a highly desirable area with strong tenant demand, this property is ideally positioned to attract commuter tenants and professionals working at Medway Hospital, making it an attractive opportunity for seasoned investors seeking a high-performing addition with further upside potential.