East Street, Chatham ME4 5NJ

For Sale
  • 5
  • 1
  • 2

£255,000

Property Features

  • Sold via online Auction
  • HMO Investment Opportunity
  • Full Update Required
  • Close To Town Centre
  • No Onward Chain
  • Call Now To View

About this property

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £255,000.

An exceptional opportunity for seasoned investors: this 5-bedroom, 6-person licensed HMO is offered with approved planning permission (Ref. No: MC/24/1498) to convert the existing basement and expand to a 7-bedroom, 7-person HMO, significantly increasing rental yield and long-term return.

In addition, a Lawful Development Certificate has been granted for change of use from C3 (dwelling house) to C4 (small HMO) under Ref. No: MC/24/0382, confirming compliance and easing the path for further enhancement.

Located in a highly desirable area with strong tenant demand, this property is ideally positioned to attract commuter tenants and professionals working at Medway Hospital – a key local employment hub.

Whether you're expanding an existing portfolio or seeking a high-performing addition with further upside potential, this HMO represents a rare blend of immediate income and future growth in a high-demand rental market.

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