Lot 3 - 146 Livingstone Road, Gillingham, Kent, ME7 2EL

  • Unconditional Online Auction Sale
  • Guide Price* : £330,000+
  • Bedrooms: 6
  • Bathrooms: 6

A tenanted six bedroom all ensuite HMO let to working professionals producing £46,560 when fully tenanted

Description

• Freehold mid terrace house
• 6 ensuite bedroom tenanted HMO
• Communal open plan kitchen and dining space
• Fully renovated to a high standard throughout
• Popular rental area near Medway Hospital, University of Kent and local employers
• Fully managed HMO in a prime location
• Current rental income of £3,285 per month (with one room advertised to let)

Location

Situated on the well-connected Livingstone Road in Gillingham, the property can be accessed via the A2 and A289. Providing direct routes to Gillingham town centre, Medway Maritime Hospital, the University of Kent’s Medway campus and local employers. Set within a popular residential area, it is close to a variety of local amenities including shops, schools, and green spaces.

Transport links are provided by both Gillingham and Chatham Rail Stations.

HMO Compliance

- EICR
- EPC
- Gas Safety Certificates
- Fire Risk Assessment
- Emergency Lighting Test
- Fire Alarm Test Certificate
- Boiler Certificate
- HMO Licence applied for

Please see legal pack for copies of these documents

Accommodation

Room Number Floor Accommodation Tenancy Info Rent Per Annum
1 Ground En-suite HMO room with access to communal kitchen and dining area 12 month AST starting from 22nd March 2025 £8,160
2 Ground En-suite HMO room with access to communal kitchen and dining area 6 month AST starting from 9th July 2025 £8,220
3 First En-suite HMO room with access to communal kitchen and dining area 6 month AST starting from 10th July 2025 £8,220
4 First En-suite HMO room with access to communal kitchen and dining area 6 month AST starting from 17th July 2025 £8,220
5 First En-suite HMO room with access to communal kitchen and dining area Currently advertised to let £7,140
6 Second En-suite HMO room with access to communal kitchen and dining area 12 month AST starting from 11th March 2025 £6,600

Vendors Solicitor
Sham Michael
02032920669

* Guide Prices are provided as an indication of each seller's minimum expectation (also known as the 'Reserve Price'). This is not necessarily a figure which a property will sell for and may change at any time prior to the auction. Every property will be offered subject to a Reserve Price (this is the sellers minimum expectation) which will be set within either a Guide Range or no more than 10% above a single figure Guide Price.

The Buyers Administration Fee of £1,500 (inclusive of VAT) is a separate charge payable in addition to the price a Lot sells for. In addition, the Guide Price does not include VAT on the sale price, or any additional costs, charges or encumbrances that might apply to some Lots and/or some buyers. The Special Conditions of Sale of the seller, and any applicable Addendum, will state if there are other costs, charges or encumbrances and whether the seller has elected to charge VAT on the sale price.

To participate in the sale, HMO X Auctions must hold a minimum amount from all bidders. This participation amount and administration fee are fully refundable in the event that you are not the successful purchaser. For example, a participation fee of £5,000 comprises £3,500 relating to your bidder security (which forms part of your 10% deposit payment) and the buyers administration fee of £1,500 (inclusive of VAT).

Please note that Lots may be sold or withdrawn prior to auction without prior notice.

Any information provided by HMO X Auctions or the seller, whether in writing or orally, does not constitute a representation, condition, or warranty. The information given is for illustrative purposes only and should not be considered as fact. Any mistakes, omissions, inaccuracies, or mis-descriptions in the information provided will not give rise to any legal action or compensation against HMO X Auctions or the seller.

All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of HMO X Auctions or the seller.

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Vendors Solicitor

Sham Michael
02032920669

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