Parrock Street, Gravesend
£1,500,000 Freehold

Mansion Estates are proud to bring to the market this unique investment opportunity located in the heart of Gravesend.

The property boasts many original features and has multiple parking spaces to the rear.

The current owners have recently refurbished all rooms to a high standard.

STUPP there is opportunity to develop the site further to the rear

The property is currently let on a room by room basis with rates starting from £600 per month. Each room comes with its own bathroom Whilst other rooms also benefit from having a kitchenette separately positioned.

This Stunning HMO opportunity has a minimum yield of 7.8%

Annual return £117,000

Please contact Mansion Estates for more info.

Unit 1 is a large double room with its own toilet and shower and shares a large kitchen with unit 2

Unit 2 is a very large double room with own toilet and shower and shares the kitchen with room 1

Unit 3 is a large double room with its own toilet and shower and use of a kitchen solely for this unit

Unit 4 is a large double room with its own toilet and shower and use of a kitchen solely for this unit

Unit 5 is a large double room with its own toilet and shower and use of a kitchen solely for this unit

Unit 6 is a large double room with its own toilet and shower and use of a kitchen solely for this unit

Unit 7 is a large double room with its own toilet and shower and use of a kitchen solely for this unit

Unit 8 is a large double room with its own toilet and shower and use of a kitchen solely for this unit

Unit 9 has a double room with kitchen and sole use of a toilet shower room

Unit 10 has a double room with kitchen and sole use of a toilet shower room

Unit 11 has a double room with kitchen and sole use of a toilet shower room

Unit 12 has a double room with kitchen and sole use of a toilet shower room

Unit 13 large double room with sole use of a kitchen and toilet and shower

Unit 14 large room with own kitchen and sole use of toilet and shower

Unit 15 very large room with own toilet and shower and sole use of a kitchen

All units excluding 1 and 2 are self contained with use of their own bathrooms and kitchens

Each unit has separate utility supplies

Water supplies are metered and chargeable for units used

Electric is metered and chargeable for units used

Tenants pay a contribution of £25 a month towards council tax

The unit is always at full capacity

Monthly rent £600 per unit

Council tax contributions £25 a month

Parking spaces £25 a month

Annual return £117,000