Property for sale in Maidstone Road, Chatham ME4

£725,000
9
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Property features

  • Residential investment opportunity
  • Four converted flats
  • Tennants in situ
  • Rental yield in excess of 5.5%
  • Off road parking
  • Sought after location
  • 3906 sq ft / 362.8 sq M.
  • Entire plot 0.23 acres
  • EPC band C

Property description

Residential investment opportunity, converted into 4 residential units, tennants in situ, sought after location, off road parking, rental yield in excess of 6.3%. 3906 sq ft / 362.8 sq metres. Plot extends to 0.23 acres

An opportunity to acquire this large semi detached property set on a sought after road directly linking Chatham and the gateway to the M2 corridor and Maidstone. The house comprises four self contained residential units which have been professionally built and fitted, extending over three floors. Comprising of 3 three bedroom flats and a one bedroom flat.

In addition the property benefits from a very large private car park to the rear with separate access via a private road. This could allow, with suitable planning permission for redevelopment into additional residential units.

There is further parking to the front and side of the property and private terraces.

The four units are all tenanted on ASTs with a current yield in excess of 5.5%.
Flat 1
Three double bedroom flat, filling the entire lower ground floor with private terrace overlooking the rear. Set out over 1469 sq ft. Comprising three double bedrooms, very spacious kitchen diner with french doors to a private tiered terrace, family bathroom and ensuite bathroom to main bedroom. Separate utility room, additional WC. Hallway and storm porch.

Flat 2
One double bedroom flat, large kitchen/reception room to the front with attractive bay window. Double bedroom to the rear with built in storage. Bathroom. Entrance via the main hallway.

Flat 3
Three bedroom flat to the ground floor, comprising two double bedrooms and a single bedroom, large kitchen/reception room, family bathroom and separate WC.

Flat 4
Three bedroom, top floor flat comprising the entire floor. Two double bedrooms and a single bedroom, very good sized kitchen/diner/reception, ensuite bathroom to the master bedroom, further family bathroom. Staircase leading to the flat from the entrance hallway.

Allocated parking
Large car park to the rear of the property accessed from Maidstone Road. The car park also has access to a private road to the rear which could allow with suitable planning permission for this area to be developed.


Property info

Floorplan(s): Floor Plan

Floor Plan View original

Nearby transport

  • Chatham (0.8 miles)
  • Rochester (1.5 miles)
  • Gillingham (Kent) (1.8 miles)
  • London Southend Airport (15.9 miles)
  • London City Airport (22.1 miles)
  • Lydd Airport (33.9 miles)
  • Gravesend Pier (8.4 miles)
  • Tilbury Ferry Terminal (8.7 miles)
  • Wallasea Island Ferry Landing (21.2 miles)

Nearby schools

View all schools in Medway
  • Balfour Junior Academy (0.2 miles)
  • Balfour Infant School (0.3 miles)
  • New Horizons Children's Academy (0.3 miles)
  • The Basildon Upper Academy (13.8 miles)
  • Estuary High School (SEN) (13.8 miles)
  • Knole Development Centre (SEN) (14.2 miles)
  • Holcombe Grammar School (0.2 miles)
  • Blue Skies School (SEN) (0.4 miles)
  • The Victory Academy (0.6 miles)
Note: Distance is shown as a straight line measurement

Local info for Medway

About the neighbours in ME4

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For more information about this property, please contact
Hunters - Medway, ME4 on +44 1634 215520 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hunters - Medway, and do not constitute property particulars. Please contact Hunters - Medway for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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