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8 bedroom house of multiple occupation for sale
Hamond Hill, Chatham, Kent
£525,000
Hamond Hill, Chatham, Kent
£525,000
Our Summary
- Attractive HMO Investment Opportunity Address: 3 Hamond Hill, Chatham, ME4 6AP Property Type: 8-Bedroom HMO, 5 Bathrooms (3 Ensuite) Year Converted: 2000 Tenant Type: Working Professionals Investment Overview Located in Chatham, one of Kent's most dynamic and evolving towns, this 8-bedroom HMO represents a lucrative opportunity for property investors
- 13% offering a rare combination of high rental yields, minimal operating costs, and growth potential due to the town’s regeneration efforts
- This strong yield performance highlights the property as a solid investment opportunity with predictable income and manageable operating costs
Description
This 8-bedroom HMO in Chatham, Kent, is a lucrative investment opportunity for property investors. The property has been converted in 2000 and offers five bathrooms, including three en-suite bathrooms. With a prime location near local employment hubs, universities, and transport links, the property attracts consistent tenant demand from working professionals. The property generates an annual income of £53,160, with a gross yield of 10.13% and a net yield of 8.66%. The property's proximity to regeneration projects and its strategic location near London make it an ideal investment for those seeking strong and steady rental returns. With minimal operating costs and growth potential, this property is perfect for those seeking predictable returns in a location with long-term value appreciation potential.