£649,995

Block of flats for sale

  1. Property photo 1 of 19.
  2. Property photo 2 of 19.
  3. Property photo 3 of 19.
Freehold

£649,995

(£202/sq. ft)

Block of flats for sale

Mills Terrace, Chatham ME4

3,225 sq. ft

Key Information

Tenure:
Freehold
Council tax band:

Local area information

Property location

Nearby amenities

  • New Road Primary School 0.1 miles
  • All Saints Church of England Primary School 0.1 miles
  • Chatham 0.5 miles
  • Gillingham (Kent) 1 mile

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Gillingham to find out more about the local area.

Features and description

  • Freehold
  • Private garden
  • Communal garden
  • Single garage
  • Block of 3 x maisonettes
  • Plus adjoining 3 bed terrace house
  • All tenanted
  • Ideal investment
  • Close to Chatham town centre
  • Short walk to shops
  • Short term let potential
A recently refurbished adjoining portfolio consisting of a block of flats + 3 bed house next door + garage (with planning gain potential stp). Income producing generating a healthy £4,075 income per month (to be verified).

The house (27 Mills Terrace) was previously used as a 4 bed HMO, but currently let as a 3 bedroom house. The house was recently refurbished and has been tenanted since by a single family.

Next door (26 Mills Terrace) on the corner comprises 3 maisonettes, each with their own access as detailed below;

Flat 1 - 550sqft approx - duplex 1 bed + study.
Flat 2 - 750sqft approx - duplex 3 bed + garden.
Flat 3 - 675sqft approx - duplex 2 bed.

Detached garage - could be redeveloped into another dwelling house or incorporated into the existing block to form another apartment (STP).

Excellent long term capital growth prospects and walking distance to Chatham town centre, shops, schools, transport links.

Further pictures, viewings, and price available upon request. This sale is part of a wider disposal from one of our related companies.

Contact us for off-market, ready-tenanted investments nationwide; our team of acquisition specialists scan the UK to bring our investor network ideally located, oven-ready property investments that offer better value potential in pre-vetted areas.

Floor plans and tours

Floor plans

No floor plan available

Tours

No virtual tour available

More information

Report this listing

Listed by

Queensbridge Estates

View agent properties
Logo of Queensbridge Estates

Property descriptions and related information displayed on this page are marketing materials provided by - Queensbridge Estates. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Queensbridge Estates for full details and further information.

  1. Zoopla
  2. For sale
  3. Kent
  4. Medway
  5. Chatham
  6. Mills Terrace

Sold house prices provided by Land Registry/Registers of Scotland. © Crown copyright 2024. Our website is completely free for you to use but we may receive a commission from some of the companies we link to on the site.

Zoopla Limited is an appointed representative of Uswitch Limited which is authorised and regulated by the Financial Conduct Authority (FRN 312850) to provide the mortgage calculator tool and incorporated with company registration number 06074771 and registered office at The Cooperage, 5 Copper Row, London SE1 2LH. Uswitch Limited is authorised and regulated by the Financial Conduct Authority (FCA) under firm reference number 312850.

Zoopla.co.uk is not a mortgage intermediary and makes introductions to Mojo Mortgages to provide mortgage solutions. Zoopla.co.uk and Mojo Mortgages are part of the same group of companies. Zoopla may receive an introduction fee from Mojo Mortgages on completion of successful mortgage applications. This fee is based on a percentage of your loan amount. Mojo is a trading style of Life's Great Limited which is registered in England and Wales (06246376) and is authorised and regulated by the Financial Conduct Authority and is on the Financial Services Register (478215). Mojo's registered office is The Cooperage, 5 Copper Row, London, SE1 2LH. To contact Mojo by phone, please call 0333 123 0012.