College Avenue, Gillingham, ME7 5HY
£450,000
Financial snapshot
Your initial investment
-
Estimated deposit
-
Purchase fees
-
Don't have enough deposit?
Explore how to invest together
Your total return by 2036
-
Annual return
-
Rental growth p.a.
-
Cap growth p.a.
-
Rental income p.c.m.
-
Gross yield
-
Indicative returns are based on historic data - please note past performance is not necessarily indicative of future results and actual returns may differ materially from the returns indicated here
Need a mortgage to finance this property?
GetGround can help!
Mortgages based on the following:
I have a £0 deposit and live in GB
We couldn't find mortgages based on your criteria
Edit details or click below for a more advanced mortgage search.
Area highlights
Property snapshot
Terraced house
1,378 sq ft
6 Bedrooms
1 Bathroom
Tenanted
Freehold
Overview
This fully tenanted six-bedroom HMO on College Avenue, Gillingham, presents a strong investment opportunity with a 10% discount and a gross yield of 12%. Generating an annual rental income of £54,000 from professional tenants, the property delivers a net yield of 10.56% after expenses. Spread over two floors and held on a freehold basis, this HMO benefits from stable occupancy and low ongoing maintenance. With a net annual cash flow of £37,116 and strong demand in the area, this property offers immediate high returns and long-term capital growth potential.
What our customers say about us
Matt
Buy-to-let investor
“It has been great dealing with Get Ground. Having worked with them for a number of years now, they have provided a great service to our clients and I wouldn't hesitate to recommend them.”
Eric
Buy-to-let investor
“What I like about Get Ground is just how easy the team there are to deal with. The website is secure, clean and simple to navigate around. It allows you to have visibility of your property portfolio and all the associated documentation related to each property. The team will also take care of your annual accounts. All this for a very reasonable annual fee.”
Mala
Buy-to-let investor
“Very good service and easy to use for your BTL journey and the best part is you can do big transactions without any hessle. Highly recommend GetGround services to anyone want to start their BTL journey.”
Meet the team