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8 bedroom terraced house for sale
Flat 98-100 High Street, Gillingham, Kent
£445,000
Flat 98-100 High Street, Gillingham, Kent
£445,000
Our Summary
- Attractive HMO Investment Opportunity Address: Flat 98-100 High Street, Gillingham, ME7 1AX Property Type: 8-Bed HMO | 6 Bathrooms (4 Ensuite) | Kitchen & Dining Facilities Tenant Type: Fully Tenanted by Working Professionals Prime Investment Location Gillingham, part of the Medway Towns in Kent, presents an excellent investment opportunity due to its growing economy, affordability, and increasing tenant demand
- 88 / Sale Price) Conclusion The 8-bed HMO at Flat 98-100 High Street, Gillingham presents a compelling investment opportunity with high rental yields, strong tenant demand, and excellent long-term growth potential
Description
This attractive HMO investment opportunity is located in Gillingham, Kent, a prime location with a growing economy, affordability, and increasing tenant demand. The property is fully tenanted by working professionals and offers 8 bedrooms, 6 bathrooms, kitchen, and dining facilities. With a strong tenant demand and high rental potential, the property generates a monthly income of £4,865 and a gross annual income of £58,380. The annual expenditure is £17,130, resulting in a net annual income of £41,249.88 and yields of 13.12% gross and 9.27% net. The property is well-managed and offers a secure and profitable asset for investors seeking a high-yielding, well-managed, and low-risk rental property in a thriving market.