FOR SALE BY MODERN METHOD OF AUCTION STARTING BID £360,000 PLUS RESERVATION FEE.

I am delighted to present this splendid terraced property for sale, situated in the sought-after location of Gillingham. This property boasts six spacious double bedrooms and comes fully furnished, ready to go rental business opportunity, being sold with tenants in situ.

The property holds a valid HMO license, making it a fantastic investment opportunity, particularly for those interested in the rental business. The property has been maintained in good condition and offers a great yield, further enhancing its investment potential.

The heart of the home is perhaps the large kitchen, filled with natural light. It offers ample space for cooking and dining, making it perfect for shared living. In addition, the property features a communal lounge, providing a comfortable space for relaxation and socialising.

The property is located in an urban area, with excellent public transport links and local amenities within close proximity. This makes for an incredibly convenient and attractive lifestyle for potential tenants.

The property is in council tax band B and has an EPC rating of E, reflecting its energy efficiency.

This is a fantastic opportunity for investors looking to expand their portfolio in an area of high rental demand. The property's unique features, such as its rental business potential and excellent location, make it a standout choice.

This is not simply a property for sale; it is an opportunity to invest in a thriving business in a sought-after location. Don't miss out on this exceptional offering.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

GIL250141/2

Rooms

Description
FOR SALE BY MODERN METHOD OF AUCTION STARTING BID £360,000 PLUS RESERVATION FEE. I am delighted to present this splendid terraced property for sale, situated in the sought-after location of Gillingham. This property boasts six spacious double bedrooms and comes fully furnished, ready to go rental business opportunity, being sold with tenants in situ. The property holds a valid HMO license, making it a fantastic investment opportunity, particularly for those interested in the rental business. The property has been maintained in good condition and offers a great yield, further enhancing its investment potential. The heart of the home is perhaps the large kitchen, filled with natural light. It offers ample space for cooking and dining, making it perfect for shared living. In addition, the property features a communal lounge, providing a comfortable space for relaxation and socialising. The property is located in an urban area, with excellent public transport links and (truncated)

Location
Gillingham is a town on the River Medway in the north of the English County of Kent. Together with it's neighbouring towns of Rochester and Chatham it forms a large urban area known as The Medway Towns. Medway is just 30 miles from London and 40 miles from Channel Ports and Eurotunnel. It's easy to get to by rail and road and when you are here, travelling around couldn't be easier. The area has excellent public transport links by bus, train and taxi. The town has strong maritime and military connections with the nearby Historic Dockyard in Chatham and Royal Engineers barracks based in Brompton. To learn about the bravery of our soldier engineers from 1066 to the present day, a visit to the Royal Engineers Museum is a must. For the little ones there is lots of exciting places to visit including, Black Lion leisure centre, The Strand Leisure park and Riverside country park to name a few. For the bargain hunters Gillingham offers an array of shopping centres and has a (truncated)

Auction Notes
This property is for sale by the Modern Method of Auction which is not to be confused with Traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer s solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 4.5% subject to a minimum of 6,000 plus VAT which secures the transaction and takes the property off the market. The buyer will be required to sign an Acknowledgment of Reservation form to confirm acceptance of terms prior to solicitors being instructed. (truncated)

Auctioneer Comments
This property is for sale by the Modern Method of Auction which is not to be confused with Traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer s solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 4.5% subject to a minimum of 6,000 plus VAT which secures the transaction and takes the property off the market. The buyer will be required to sign an Acknowledgment of Reservation form to confirm acceptance of terms prior to solicitors being instructed. (truncated)

Entrance Hall

Bedroom Three 4.07m x 3.08m

Bedroom Two 4m x 3.08m

Ensuite

Shower Room

Kitchen 5.08m x 2.37m

Stairs down :-

Sitting Room 3.07m x 3.04m

Stairs up:-

Bedroom One 3.52m x 2.35m

Ensuite

Shower Room

Bedroom Four 4m x 3.04m

Ensuite

Bedroom Five 3.9m x 3.22m

Stairs to:-

Bedroom Six 3.36m x 3.07m

Ensuite

No longer on the market

6 bedroom terraced house

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