£649,995
(£202/sq. ft)
Block of flats for saleMills Terrace, Chatham ME4
3,225 sq. ft
- Freehold
Queensbridge Estates
.png)
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.
Stamp duty calculator
We've updated our calculator to take into account the stamp duty cut announced by the chancellor on 23 September 2022. Read more stamp duty news and how stamp duty works