Guide price
£330,000
6 bed property for saleLivingstone Road, Gillingham, Kent ME7
6 beds
6 baths
EPC Rating: D
- Auction
- Freehold
HMO X Ltd
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About this property
• Freehold mid terrace house
• 6 ensuite bedroom tenanted HMO
• Communal open plan kitchen and dining space
• Fully renovated to a high standard throughout
• Popular rental area near Medway Hospital, University of Kent and local employers
• Fully managed HMO in a prime location
• Current rental income of £3,880 per month
Situated on the well-connected Livingstone Road in Gillingham, the property can be accessed via the A2 and A289. Providing direct routes to Gillingham town centre, Medway Maritime Hospital, the University of Kent’s Medway campus and local employers. Set within a popular residential area, it is close to a variety of local amenities including shops, schools, and green spaces.
Transport links are provided by both Gillingham and Chatham Rail Stations.
HMO Compliance
- eicr
- EPC
- Gas Safety Certificates
- Fire Risk Assessment
- Emergency Lighting Test
- Fire Alarm Test Certificate
- Boiler Certificate
- HMO Licence applied for
Please see legal pack for copies of these documents
Accommodation
Room Number Floor Accommodation Tenancy Info Rent Per Annum
1 Ground En-suite HMO room with access to communal kitchen and dining area 12 month AST starting from 22nd March 2025 £8,160
2 Ground En-suite HMO room with access to communal kitchen and dining area 6 month AST starting from 9th July 2025 £8,220
3 First En-suite HMO room with access to communal kitchen and dining area 6 month AST starting from 10th July 2025 £8,220
4 First En-suite HMO room with access to communal kitchen and dining area 6 month AST starting from 17th July 2025 £8,220
5 First En-suite HMO room with access to communal kitchen and dining area 6 month AST starting from 25th October 2025 £7,140
6 Second En-suite HMO room with access to communal kitchen and dining area 12 month AST starting from 11th March 2025 £6,600
Income Breakdown (Monthly):
Room 1: £680.00
Room 2: £685.00
Room 3: £685.00
Room 4: £685.00
Room 5: £600.00
Room 6: £550.00
Total Monthly Income: £3,885.00
Total Annual Income: £46,620.00
Expenditure Breakdown (Monthly):
Gas: £150.00
Electric: £150.00
Water: £40.00
Council Tax: £136.16
Broadband: £50.00
Management: £540.00
Total Monthly Expenditure: £1,066.16
Total Annual Expenditure: £12,793.92
Investment Performance:
Net Annual Income: £33,826.08
Gross Yield: 11.23%
Net Yield: 8.15%
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