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
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Hunters - Medway. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Hunters - Medway for full details and further information.