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About the property

Investors take note. Would you like a yield of 9.5%!

This ideal investment property comprises an established, double fronted house of multiple occupation (HMO) with accommodation over three floors and a gross rental income of £3400 per month! There are currently six tenants letting six out of the nine different units of varying sizes over the 3 floors.

Each unit shares communal facilities in common with HMOs as well as a communal garden to rear. We are advised that all electric and gas safety checks are up to date along with fire alarm checks. Evidence of which can be viewed at our offices.

Sheerness is a bustling seaside town that offers a good high street, beaches nearby, sports facilities and countryside within a short drive. With an GUIDE price of £450,000 and a gross income of just under £40,800, this cracking investment will yield a good around 9.0% per year!

Contact Mark or Craig for much more information.
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Important information

This is a Freehold property.

Property at a glance

  • HMO Property with 9 Bedrooms generating just under £40800 PA (9.0%!)
  • Currently let to 6, paying £3400 PCM total
  • Previously 2 three storey townhouses converted into one
  • Basement storage
  • Paved garden to rear
  • Separate dining room, kitchen and 2x lounges
  • Centrally heated and double glazed
  • Gas, electric and alarm checks are up to date
  • Approx 3500 sqft (327 sqm)
  • Viewing strictly by appointment ONLY.

Contact agent

Contact agent

Rule & Rule Estate Agents

37 Broadway



ME12 1AD

United Kingdom

Tel: 01795 662604

Property Photos