Flat 98-100 High Street, Gillingham, Kent
HM

Flat 98-100 High Street, Gillingham, Kent

By HMO Sales Expert

£ 445,000

Reviews

3 out of 5 stars

HMO Sales Expert says ..

HMO Investment | 13.12% Gross Yield | Prime Medway Location | £41k Net Income | Strong Tenant Demand | Ensuite Rooms | Excellent Connectivity | Turnkey Investment | No Buyers Fees

Property Oracle says ..

This property is a large HMO located on the High Street in Gillingham. The property has been recently renovated to a high standard and comprises eight bedrooms, six bathrooms, and a shared kitchen. The location is convenient, with Gillingham train station within walking distance, providing easy access to London and other parts of Kent. Several schools are also nearby. While the property is in excellent condition, the lack of outdoor space is a notable drawback. The list price is significantly higher than the average price for the area, but this may be justified by the high number of bedrooms and bathrooms, making it suitable for a large group of tenants or a family. The price per sqft is also higher than the average, reflecting the modern condition and central location.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
10
Location
8
Land
1
Bedrooms
8
Bathrooms
6
Sqft (est)
1,300.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
258,294.00 £
Increased by 3.99 %
from 248,375.00 £
Est sale value
484,900.00 £
Increased by 24.75 %
from 388,700.00 £
Average area rental value
1,321.00 £/mo
Decreased by 18.41 %
from 1,619.00 £/mo
Est letting value
1,300.00 £/mo
Unchanged by 0.00 %
from 1,300.00 £/mo
Est rental Yield
6.14 %
Decreased by 21.48 %
from 7.82 %
Crime Rate
20.00 %
Unchanged by 0.00 %
from 20.00 %

Agent Activity

  • HMO Sales Expert created the listing.

Nearby Schools

NameTypeOfstedDistance
Oasis Academy Skinner StreetAcademy Sponsor LedGood0.16 KM
Burnt Oak Primary School & Children'S CentreChildren's Centre0.76 KM
Burnt Oak Primary SchoolCommunity SchoolRequires improvement0.76 KM
Midkent CollegeFurther EducationGood0.81 KM
Brompton AcademyAcademy Sponsor LedGood0.86 KM

Images

Kitchen 5.JPG Room 1-b - Copy.JPG Kitchen 2.JPG Room 3 - Website Room 6-c.JPG Room 3-c.JPG Room 2-e.JPG Room 2-a.JPG Entrance Hall 2.JPG Room 8-d.JPG Room 4-a.JPG Room 5-b.JPG Room 5-d.JPG Room 7-b.JPG Room 2 - Website Utility Space (Re-sized).JPG Room 8-b.JPG Room 8-c.JPG Shared bathroom-floor 2.JPG Room 1-c - Copy.JPG Room 2-b.JPG Entrance Hall 5.JPG Room 4-a (2).JPG Room 5-e.JPG Room 5-a.JPG Room 6-a.JPG Room 6-b.JPG Room 7-d.JPG Room 3-b.JPG Room 2-d.JPG Room 3-e.JPG

Nearby Streets

NameAverage PriceAverage SqftDistance
Sappers Walk £ 000.00 KM
Pheonix Court £ 000.00 KM
Katherine Court £ 000.00 KM
Balmoral Gardens £ 000.00 KM
Park View £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Gillingham (Kent)5169GLM0.46 KM
Chatham5199CTM2.83 KM
Rochester5203RTR3.93 KM
Strood (Kent)5191SOO5.15 KM
Rainham (Kent)5177RAI7.62 KM

Nearby Listings

AddressPriceTypeScoreDistance
Flat, 98-100 High Street, Gillingham, Kent, ME7 1AX £ 380,000BUY5 / 100.01 KM
West Street, Gillingham £ 215,000BUY6 / 100.04 KM
Theodore Place, Gillingham, Kent £ 240,000BUYUnknown0.09 KM
Theodore Place, Gillingham, Kent £ 159,000BUYUnknown0.09 KM
Jeffery Street, Gillingham, Kent £ 240,000BUYUnknown0.10 KM

Nearby Properties

AddressPriceDistance
14 Skinner Street £ 115,5000.09 KM
31 Skinner Street £ 19,5000.09 KM
16 Jeffery Street £ 49,0000.09 KM
24 Jeffery Street £ 130,0000.09 KM
14 Jeffery Street £ 220,0000.09 KM