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£649,995

(£202/sq. ft)

Block of flats for sale
Mills Terrace, Chatham ME4

    • 3,225 sq. ft

  • Freehold

Queensbridge Estates

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About this property

  • Private garden

  • Communal garden

  • Single garage

  • Block of 3 x maisonettes

  • Plus adjoining 3 bed terrace house

  • All tenanted

  • Ideal investment

  • Close to Chatham town centre

  • Short walk to shops

  • Short term let potential

A recently refurbished adjoining portfolio consisting of a block of flats + 3 bed house next door + garage (with planning gain potential stp). Income producing generating a healthy £4,075 income per month (to be verified).

The house (27 Mills Terrace) was previously used as a 4 bed HMO, but currently let as a 3 bedroom house. The house was recently refurbished and has been tenanted since by a single family.

Next door (26 Mills Terrace) on the corner comprises 3 maisonettes, each with their own access as detailed below;

Flat 1 - 550sqft approx - duplex 1 bed + study.
Flat 2 - 750sqft approx - duplex 3 bed + garden.
Flat 3 - 675sqft approx - duplex 2 bed.

Detached garage - could be redeveloped into another dwelling house or incorporated into the existing block to form another apartment (STP).

Excellent long term capital growth prospects and walking distance to Chatham town centre, shops, schools, transport links.

Further pictures, viewings, and price available upon request. This sale is part of a wider disposal from one of our related companies.

Contact us for off-market, ready-tenanted investments nationwide; our team of acquisition specialists scan the UK to bring our investor network ideally located, oven-ready property investments that offer better value potential in pre-vetted areas.

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More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Queensbridge Estates. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Queensbridge Estates for full details and further information.