Institute Road, Chatham, Kent

- PROPERTY TYPE
House of Multiple Occupation
- BEDROOMS
6
- BATHROOMS
6
- 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
- Property Layout – Brand New 6 bed, all ensuite HMO
- Tenant Type – Will be tenanted by working professionals once complete, ensuring strong and stable demand
- Strategic Location – Central Chatham close to town centre, Medway Hospital, university and key employers
- Transport & Connectivity – High-speed rail to London in under 45 minutes, plus easy M2/A2 motorway access
- Regeneration Benefits – Major Medway waterfront and town centre regeneration driving growth and demand
- High Rental Income & Strong Yield – Projected gross annual income £52,380 delivering 12.3% yield
Description
As the development has just finished, certificates and licensing are pending completion. If you would like to see some examples of similar projects from the same developer to give you an idea of the finished product, please contact the team.
Please note: A Buyer Onboarding Fee of £250 + VAT is payable by all purchasers upon offer acceptance. This covers full AML and Proof of Funds verification, investor onboarding, and one months' access to our exclusive HMO Xchange portal and dedicated Buyer’s Space within the HMO X Hub — providing specialist guides, content, and support for HMO investors of all experience levels.
Projected Income Breakdown (Monthly):
Room 1: £725.00
Room 2: £695.00
Room 3: £675.00
Room 4: £695.00
Room 5: £725.00
Room 6: £850.00
Total Projected Monthly Income: £4,359.00
Total Projected Annual Income: £52,308.00
Projected Expenditure Breakdown (Monthly):
Gas: £140.00
Electric: £140.00
Water: £40.00
Council Tax: £150.00
Broadband: £50.00
Cleaner: £60.00
Management: £405.00
Total Projected Monthly Expenditure: £985.00
Total Projected Annual Expenditure: £11,820.00
Projected Investment Performance:
Projected Net Annual Income: £40,488.00
Gross Yield: 12.31%
Net Yield: 9.53%
- 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.
- No wheelchair access
Institute Road, Chatham, Kent
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Visit our security centre to find out moreDisclaimer - Property reference XFG-53595053. 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 HMOX Ltd, Bournemouth. 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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