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Six-Bedroom Fully Compliant Hmo Property

Gillingham, ME7 - Get Access

6 bed 6 bath

Description

We are pleased to market this six-bedroom, fully compliant HMO property. A terraced property located in a predominantly residential area, and close to Gillingham Railway, Gillingham town centre, and other local amenities. This property was converted into a six-bedroom, six-bathroom shared house in early 2022. Four out of the six rooms are tenanted with professional workers on an Assured Periodic Tenancy, licensed for single occupancy only. Situated on Linden Road, the property is an 18-minute walk from Medway Hospital, 0.6 miles from the town centre, a 1-minute walk to convenience stores, and 0.6 miles from Gillingham Train Station. Many other local amenities are within driving or walking distance, and the nearest bus stop is a 3-minute walk away providing bus routes 101, 121, and 182 to multiple locations in Kent. The accommodation is arranged across multiple floors. The ground floor comprises Room 1 (vacant) and Room 2 (£670 per month). The first floor comprises Room 3 (£630 per month), Room 4 (£750 per month), and Room 5 (vacant). The second floor comprises Room 6 (£750 per month). The basement features a laundry and utility room.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area Estimated: 2,000 sq ft

This six-bedroom terraced HMO on Linden Road in Gillingham was valued by assessing its substantial 2,000 sq ft internal footprint against local residential benchmarks. The property is in fair condition with minor dated interior finishes, requiring a light cosmetic refresh rather than structural work. Local market rent levels and multi-unit configuration were factored into the investment value.

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