Hunters are delighted to bring to the market this fabulous five bedroom HMO in Luton Road, Chatham.
A fantastic opportunity for anyone looking for an investment property, this one comes to the market with all rooms currently let to long term tenants. The property has been refurbished to a high standard by the current vendors. It's set over three floors with the downstairs being a communal lounge, the first floor has two rooms which are in good condition throughout, there is also the communal kitchen and communal shower room which again are both in good, modern condition. There is also access to the garden from the kitchen.
Upstairs you will find three further bedrooms which are all in lovely condition and well maintained by the current tenants.
The current rental amounts for the individual rooms are
Room One - £530.00 Per Month
Room Two - £450 Per Month
Room Three - £445 Per Month
Room Four - £440 Per Month
Room Five - £540 Per Month
This brings a combined monthly income of - £2405.
Outgoings
Energy - £290 Per Month
Water - £40 Per Month
Landlord and Buildings Insurance - £16 Per Month
Virgin Broadband - £24 Per Month
Cleaner - £30 Per Month
Total - £400 per month ( approximate figures)
This property won't be around for long, Call Hunters Medway today to arrange your viewing by appointment only.
KEY FACTS
Broadband Status - Fibre Optic is available
Mobile Phone Status - Good Signal by all major networks
Drainage - The property has mains drainage
Utilities - The property has a mains supply of Gas/Electric and Water supplies
Boiler - Combination Boiler installed at property.
Parking - There is on road parking on Luton Road
Flood Risk - It has been advised the property is not in a area of Flood Risk
EPC - Currently this is an E - this will be updated in the near future.
Tenure - Freehold
Council Tax Authority - Medway Council