8 bedroom town house for sale

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8 bedroom town house for sale

Delce Road, Rochester, Kent, ME1
£1,060,000

Our Summary

  • Four identical modern homes in a self-contained block, the properties are currently let at £4,800pcm, offering a hands-off investment with strong yield and capital growth potential

Description

This rare opportunity presents four identical, modern, two-bedroom townhouses in Rochester, Kent, each with private undercroft parking and no ongoing charges. The properties are currently let at £4,800 per month, generating a strong yield and capital growth potential. The freehold properties offer low maintenance and no ground rent or service charges, making them an attractive investment option. With a gross yield of 5.5% at the asking price of £1,060,000, this investment has the potential to generate significant returns. The town of Rochester is experiencing regeneration, with ongoing developments and a thriving cultural scene, making it an attractive location for young professionals, students, and families. The properties are close to the University for the Creative Arts, Medway Hospital, and excellent schools, ensuring a high demand for rental properties. With its excellent commuter connectivity, historic appeal, and strong rental demand, Rochester is an excellent location for investors looking for a hands-off investment with strong yields and capital growth potential.