Block of flats for sale in Mills Terrace, Chatham ME4

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.

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