HMO Business & self-contained flats, 79 Parrock Street, Gravesend, United Kingdom, DA12 1HF
- PROPERTY TYPE
House of Multiple Occupation
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- HMO & self-contained flats
- 55 bedrooms
- Turnover of £713,000
- Operated for over 30 years
- Rare business opportunity
- EPC ratings from E-C
- Christie & Co Ref: 8846282
Description
Seven freehold properties ranging in size, from 3 bedrooms up to 18 bedrooms. Two properties have HMO licenses, 4 properties have residential use class and one property has guest house use.
LocationThe properties in which the business operates are located in North Kent, making them easily managed.
The OpportunityThe business has been established and in the same family for many years and has built up strong relationships with a number of local authorities to provide housing.
Alongside the freehold properties, the business rents other property as demand dictates.
With the owners of the business now wishing to retire, it is of our opinion that an incoming owner can expand this business further or add to an existing portfolio of similar property.
It is rare to find such a large portfolio of HMO's and other letting accommodation come to market, so interest is expected to be strong. Capability of adding to an existing portfolio of similar properties if you have them, or as a stand alone business.
The business is run by overseeing owners, with a complement of staff who deal with the day-to-day running.
Trading InformationFor the year ending March 2024, the trading data shows a turnover of £713,000.
Brochures
Sales DetailsMortgage Calculator- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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HMO Business & self-contained flats, 79 Parrock Street, Gravesend, United Kingdom, DA12 1HF
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Visit our security centre to find out moreDisclaimer - Property reference hmobusinessresi. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Hotels. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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