5 bed end terrace house for sale

East Street, Chatham ME4

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £255,000.

An exceptional opportunity for seasoned investors: This 5-bedroom, 6-person licensed HMO is offered with approved planning permission (Ref. No: MC/24/1498) to convert the existing basement and expand to a 7-bedroom, 7-person HMO, significantly increasing rental yield and long-term return.

In addition, a Lawful Development Certificate has been granted for change of use from C3 (dwelling house) to C4 (small HMO) under Ref. No: MC/24/0382, confirming compliance and easing the path for further enhancement.

Located in a highly desirable area with strong tenant demand, this property is ideally positioned to attract commuter tenants and professionals working at Medway Hospital – a key local employment hub.

Whether you're expanding an existing portfolio or seeking a high-performing addition with further upside potential, this HMO represents a rare blend of immediate income and future growth in a high-demand rental market.