Marine Parade, Sheerness, ME12 2AL

HMO PROPERTY - Nestled on Marine Parade in Sheerness, this stunning Victorian end-terrace house, built in 1900, offers a remarkable opportunity for both investors and those seeking a spacious family home. Spanning an impressive 3,315 square feet, the property boasts seven well-appointed bedrooms and a reception room, providing ample space for comfortable living.

PRICE RANGED - MAKE US AN OFFER - £725,000 - £750,000

Having undergone a makeover and is a 9 room HMO with a licence for 14 persons. , this property is presented to a very high standard, ensuring a clean and inviting atmosphere throughout. The exterior has also been beautifully maintained, enhancing the overall appeal of this charming residence.

Currently fully licensed as a 14-room House in Multiple Occupation (HMO), this property is ready for immediate occupation and lettings. The rental demand in the area is exceptionally high, with potential earnings of £750 per month per room, making it an attractive investment opportunity. With thousands of applicants actively seeking rental accommodation, the new owner can expect a steady stream of prospective tenants. This property is not just a house; it is a gateway to a lucrative investment in a thriving rental market. For those interested in capitalising on this opportunity, Lovett's of Ramsgate, Kent, is available to assist with any inquiries and to facilitate the next steps in securing this remarkable property. Don't miss out on the chance to own a piece of Victorian elegance in a prime location. 5 x single with On-suite ~ £850 PCM 4 x single rooms ~ £750 PCM

Total rental income with full occupancy PCM ~ £7250 Yearly ~ £87,000

Room share ( floor space required to share 10.22 sqm)

5x double with on-suite ~ £950 PCM 4 x single rooms ~ £750 PCM

Total rental income with full occupancy PCM £8000 Yearly £96,000

Valuation yield in this area 10.4 %

Total commercial value of property £998,400