£375,000 /Sale price

Phoenix Property Services are delighted to offer for sale this substantial five-bedroom semi-detached HMO, ideally located on Watling Street, Gillingham, and offered with vacant possession. This excellent investment opportunity offers strong income potential, with an estimated annual return of approximately £36,000 - £40,000 per annum once fully let and optimised. The property is arranged over multiple levels and comprises five lettable bedrooms, along with generous communal accommodation. Additional benefits include a useful cellar, ideal for storage, and off-road parking, a highly desirable feature for tenants in this central location. Requiring updating and modernisation, the property presents a fantastic opportunity for investors to refurbish, reconfigure if required (subject to any necessary consents), and maximise rental yield. Being sold with vacant possession, the property offers immediate flexibility-whether for refurbishment, re-letting, or resale-making it particularly attractive to investors and developers alike. Situated on Watling Street, the property is ideally positioned for easy access to Gillingham town centre, mainline railway station with high-speed links to London, Medway Maritime Hospital, and a wide range of local amenities. Approx Size: 168 sq.m. (1808 sq. ft) EPC Rating: D