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Lot: 112 - FIFTEEN LETTING UNITS FOR INVESTMENT - Semi detached propertyLot: 112 - FIFTEEN LETTING UNITS FOR INVESTMENT - Parking and workshopLot: 112 - FIFTEEN LETTING UNITS FOR INVESTMENT -
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Lot 112 Fifteen Letting Units For InvestmentAuction Date:
20th March 2024

194 Parrock Street, Gravesend, Kent, DA12 1EW

Currently let at £144,000 per annum

Category Residential Investment
Tenure Freehold
Bedrooms x 15
Bathrooms x 15

A substantial freehold detached property located a short walk from the centre of Gravesend with its various local and national retailers, schools, mainline railway station and further amenities. Close by the transport links include Gravesend railway station, the M20, M25 and A2 and Ebbsfleet International.

The property is currently arranged as 15 letting units, each let on an Assured Shorthold Tenancy Agreement at £800 per calendar month.

There is a car park and detached workshop to the rear of the property which may offer potential for alternative uses, subject to all necessary consents being obtainable.

Lower Ground Floor

Entrance hall and communal kitchen.

Unit 1

Bedroom with end-suite shower room and W.C.

Unit 2

Bedroom with end-suite shower room and W.C.

Unit 3

Bedroom with end-suite shower room and W.C.

Ground Floor

Unit 4

Bedroom with kitchen and end-suite shower room/W.C.

Unit 5

Bedroom with kitchen and shower room with W.C.

Unit 6

Bedroom with kitchen and end-suite shower room/W.C.

Unit 7

Bedroom with kitchen and shower room with W.C.

First Floor

Unit 8

Bedroom with kitchenette and shower room with W.C.

Unit 9

Bedroom with kitchenette and shower room with W.C.

Unit 10

Bedroom with kitchenette and shower room with W.C.

Unit 11

Bedroom with kitchenette and shower room with W.C.

Unit 12

Bedroom with kitchenette and shower room with W.C.

Unit 13

Bedroom with kitchen and shower room with W.C.

Second Floor

Unit 14

Bedroom with kitchen and shower room with W.C.

Unit 15

Bedroom with kitchen and shower room with W.C.

Outside

Rear detached workshop/garage.

Tenancies

Each flat is let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £800 per calendar month.

Local Planning Authority

Gravesham Borough Council. Tel: 01474 337391. Website: gravesham.gov.uk

Auctioneer's Note 1

At the time of publication, the Auctioneers have been unable to internally inspect the entirety of the property and the accommodation details have been provided by the Seller.

Auctioneer’s Note 2

We have been informed by the Seller all units have separate meters for electricity and water.

Auctioneer’s Note 3

Additional revenue is generated by the car parking spaces to the rear which are let. No formal agreements are in place. Three spaces let at £125 per calendar month with other spaces each being let at £30 per calendar month.

Council Tax Band H



194 Parrock Street, Gravesend, Kent


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

Joint Agents

Sealeys Walker Jarvis Estate Agents Ltd

Sealeys Walker Jarvis Estate Agents Ltd
01474 369368

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