>
13 bedroom house of multiple occupation for sale
1 High Street, Kent, Gillingham ME7 5AA
£775,000
1 High Street, Kent, Gillingham ME7 5AA
£775,000
Our Summary
- For sale by Unconditional Online Auction
- Terms: Auction Details: The sale of this property will take place on the stated date by way of Timed Auction and is being sold under an Unconditional sale type
- Auction Deposit and Fees: The following deposits and non- refundable auctioneers fees apply: • 5% deposit (subject to a minimum of £5,000) • Buyers Fee of 4
- Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page
- This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties)
- Investment Opportunity
Description
This thirteen-bedroom HMO in Gillingham is currently let, producing £100,200 per annum. The property is situated in a prime location, surrounded by amenities and transport links, making it a popular choice for students and professionals. The property has communal spaces throughout, including a laundry room, kitchen, bathroom, and several lettable rooms. The basement is currently used for storage, but could be further utilized. The property is located in the Brompton Lines conservation area, and prospective buyers are advised to make independent enquiries prior to bidding. The sale will take place by way of unconditional online auction, with a 5% deposit required and a buyer's fee of 4.8% of the purchase price.