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Lot: 108 - 23-BEDROOM HMO WITH GOOD RENTAL INCOME - Front of property with access into car parkLot: 108 - 23-BEDROOM HMO WITH GOOD RENTAL INCOME - Front of property with car parkLot: 108 - 23-BEDROOM HMO WITH GOOD RENTAL INCOME - Rear of property with gardensLot: 108 - 23-BEDROOM HMO WITH GOOD RENTAL INCOME - Communal area with seatingLot: 108 - 23-BEDROOM HMO WITH GOOD RENTAL INCOME - Communal area with seatingLot: 108 - 23-BEDROOM HMO WITH GOOD RENTAL INCOME - Communal kitchenLot: 108 - 23-BEDROOM HMO WITH GOOD RENTAL INCOME - Communal kitchenLot: 108 - 23-BEDROOM HMO WITH GOOD RENTAL INCOME - Outside covered seating areaLot: 108 - 23-BEDROOM HMO WITH GOOD RENTAL INCOME - Outbuilding to rear of siteLot: 108 - 23-BEDROOM HMO WITH GOOD RENTAL INCOME - Lot: 108 - 23-BEDROOM HMO WITH GOOD RENTAL INCOME -
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Lot 108 23-bedroom Hmo With Good Rental IncomeAuction Date:
20th March 2024

Mill House, Salters Lane, Faversham, Kent, ME13 8ND

Currently let at £165,721 per annum

Category Residential Investment
Tenure Freehold
Bedrooms x 23

A detached former care home which has been converted into a 23-bedroom House of Multiple Occupation and is now fully let.

The building is located on the outskirts of Faversham town centre with good access to Faversham’s mainline railway station, along with the M2.

The property has two communal kitchens, two communal areas, a laundry room and several communal shower/bathrooms along with W.Cs. Half of the bedrooms have their own en-suite W.Cs. with the other rooms sharing facilities.

Mill House sits on a good size plot adjacent to Faversham Town Football Club with off road parking and gardens to rear.

There is an unused outbuilding to the rear of the site which may offer potential, subject to all necessary consents being obtainable.

Tenancies

Each room is let under the terms of an Assured Shorthold Tenancy Agreement. The current rental figures are as shown in the Table below and a Tenancy Schedule will be included in the legal pack which will be available to download from the Clive Emson website.

Local Planning Authority

Swale Borough Council. Tel: 01795 417850. Website: swale.gov.uk.

Viewing

External only.

Council Tax Band H



Mill House, Salters Lane, Faversham, Kent


There is an addendum available to be read
in conjunction with the legal documentation.

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Registered office: Rostrum House, Rocky Hill, London Road, Maidstone, Kent, England. ME16 8PY.

Registered company: 02399687, Regional Property Services Ltd.    auctions@cliveemson.co.uk  0345 8500333

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