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5 bedroom end of terrace house for sale
East Street, Chatham
£225,000
East Street, Chatham
£225,000
Our Summary
- An exceptional opportunity for seasoned investors: this 5-bedroom, 6-person licensed HMO is offered with approved planning permission (Ref
- HMO Investment Opportunity
- Sold via online Auction
Description
This exceptional 5-bedroom, 6-person licensed HMO is being sold via secure online bidding, with a starting bid of £250,000. The property has approved planning permission to convert the basement and expand to a 7-bedroom, 7-person HMO, significantly increasing rental yield and long-term return. Additionally, a Lawful Development Certificate has been granted for change of use from a dwelling house to a small HMO, easing the path for further enhancement. Located in a highly desirable area with strong tenant demand, the property is ideally positioned to attract commuter tenants and professionals working at Medway Hospital. This HMO offers a rare blend of immediate income and future growth potential, making it an attractive opportunity for seasoned investors looking to expand their portfolio or add a high-performing property with further upside potential.