6 bedroom terraced house for sale

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6 bedroom terraced house for sale

Randall Street, Maidstone, Kent, ME14
£400,000

Our Summary

  • * GUIDE PRICE £400,000 - £450,000 * 6 Bedroom HMO Investment * Close To Mainline Stations & Town Centre * Two Bathrooms * Planning Permission for Loft to be Converted into Self Contained Unit * Generating Income of £4150 per month * Over 11% gross yield **Mann are delighted to offer this unique opportunity to purchase this FULLY LICENSED HMO (House in Multiple Occupation) to the market in the central town location of Randall Street in Maidstone

Description

Mann are offering a unique opportunity to purchase a fully licensed HMO (House in Multiple Occupation) in Randall Street, Maidstone, with a guide price of £400,000-£450,000. The property, situated close to the town centre and mainline stations, boasts six bedrooms and two bathrooms, generating an income of £4150 per month, equivalent to an over 11% gross yield. The property also has planning permission to convert the loft into a self-contained unit, offering potential for further income or personal use. With its central location, the property is within walking distance to Maidstone's high street shops, shopping centres, cafes, and entertainment options, making it an attractive investment opportunity for those looking to generate passive income.
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