12 Bedrooms Detached house for sale in Windmill Street, Gravesend, Kent DA12 | £ 1,000,000

Property Description

Offered to the market is this ideal long term investment. Previously renovated and used as a care home it offers 12 bedrooms, 6 bathrooms, 3 communal reception rooms and 4 kitchen areas. With minimal work this could be rented as a hmo.

12 bedrooms flat shares will bring in approximately £450PCM (£5400PA) per unit. This will mean an annual overall income of £5400PCM or £64,800 a year.

We also expect the property can be split into 6 flats (stpp) 3 one bedroom flats and 3 two bedroom flats.
The 2 bedroom flats could be re-sold at approximately £200-210,000 and rented at £900PCM.
The 1 bedroom flats could be re-sold at £170,000 - £180,000 and rented at approximately £775PCM.

If converted into flats this would then total a re-sale value of approximately £1,140,000 or a rental income of £60,300 pa.

*please note values given are approximate values. They will be dependant on the market conditions at time of marketing and the standard/size of the properties. Values correct as of September 2018*

Gravesend has a buoyant property market. Both for sales and lettings. This is due to the more affordable prices compared to London. It's transport links via the High Speed line makes Gravesend very appealing to professional commuters. With links into London Bridge, St Pancreas International and Stratford International. It's links to the A2/M2 also benefit those who drive. The proposed option C link over to Essex may improve the infrastructure and make Gravesend more desirable. A theme park is also planned for neighboring Northfleet brining jobs and tourists to the area. Money is being spent on Gravesend and it's town center is expecting a huge make over.

Key Terms
Gravesend is sought-after by families looking for high-calibre education. As well as a number of private schools, including Gads Hill, Bronte and Cobham Hall, there is the duo of well-respected grammar schools – Gravesend Grammar for Boys and Gravesend Grammar for Girls. The choice of primary schools is extensive and further education is provided in the shape of Northwest Kent College, The University of Greenwich and Mid. Kent College. There is an excellent rail service for commuters to London with the high-speed train into London St. Pancras in 22 minutes, Stratford in 17 minutes, and from Ebbsfleet to Paris in 2 hours.

Ground Floor:

Entrance:

Entrance canopy. Door to entrance hall. Stairs to upper and lower floors.

Living Room 1: (32' 6" x 13' 10" (9.9m x 4.22m))

Double glazed bay window. Double glazed windows. Two radiators. Two fireplaces.

Inner Hallway:

Access to lift. (Currenlty out of service).

Bedroom 2: (13' 6" x 12' 6" (4.11m x 3.8m))

Double glazed bay window. Radiator.

En-Suite Shower Room:

Shower cubicle. Wash hand basin. Low level w.C.

Laundry Room 1:

Double glazed window. Wash hand basin.

Storage Cupboard:

Kitchen: (15' 5" x 6' 11" (4.7m x 2.1m))

Double glazed bay window. Door to rear. Single drainer sink unit. Selection of cupboards and work surfaces. Non branded oven and hob with extractor hood.

Bedroom 3: (14' 7" x 12' 5" (4.45m x 3.78m))

Two double glazed windows. Radiator.

En-Suite Wet Room:

Shower unit. Wash hand basin. Low level w.C.

Bedroom 12: (10' 1" x 6' 5" (3.07m x 1.96m))

Double glazed window. Radiator.

Lower Ground Floor:

Landing 1:

Door to garden.

Cloakroom:

Low level w.C. Wash hand basin.

Lounge/Diner: (24' 2" x 12' 11" (7.37m x 3.94m))

Double glazed bay window plus further double glazed window to side. Radiator. Single drainer sink unit. Range of wall and base units with work surface over. Non branded oven and hob with extractor hood over.

Bedroom 5: (13' 10" x 9' 2" (4.22m x 2.8m))

Double glazed window. Radiator.

Study/Meds Room: (7' 5" x 6' 1" (2.26m x 1.85m))

Enclosed (now window) Access to further storage area.

Shower Room 1:

Shower cubicle. Wash hand basin. Low level w.C.

Laundry Room 2:

Bathroom 1:

Panelled bath. Wash hand basin. Low level w.C.

Bedroom 4: (14' 11" x 7' 10" (4.55m x 2.4m))

Double glazed bay window. Radiator.

Bedroom 7:

Double glazed window. Radiator.

Bedroom 6: (13' 10" x 9' 6" (4.22m x 2.9m))

Double glazed window. Double glazed door.

Bedroom 10: (10' 2" x 8' 0" (3.1m x 2.44m))

Double glazed window. Radiator.

First Floor:

Landing 2:

Stairs to upper and lower floors.

Lounge/Kitchen: (14' 4" x 13' 11" (4.37m x 4.24m))

Double glazed window with open views. Radiator. Single drainer sink unit. Range of fitted cupboards. Work surfaces. Non branded oven, hob and extractor hood.

Bedroom 9: (10' 10" x 10' 9" (3.3m x 3.28m))

Double glazed window. Radiator.

Bedroom 8: (12' 4" x 8' 10" (3.76m x 2.7m))

Double glazed window. Radiator.

Bedroom 11: (10' 1" x 6' 7" (3.07m x 2m))

Double glazed window. Radiator.

Shower Room 2:

Double glazed window. Shower cubicle. Wash hand basin. Low level w.C.

Self Contained Flat:

Bedroom 1: (18' 1" x 12' 3" (5.5m x 3.73m))

Double glazed bay window. Radiator. Built-in cupboard.

Shower Room 3:

Double glazed window. Shower cubicle. Wash hand basin. Low level w.C. Lift access.

Living Room 2: (20' 1" x 12' 11" (6.12m x 3.94m))

Double glazed window. Radiator. Single drainer sink unit. Fitted cupboards. Work surfaces. Door leading to private entrance which is approached by wrought iron fire escape.

Second Floor:

Landing 3:

Double glazed window.

Bathroom 2:

Panelled bath. Pedestal wash hand basin. Low level w.C.

Loft Area:

Access to loft area which may be suitable for further accommodation subject to consent being obtained.

Flat Let 1: (14' 11" x 13' 11" (4.55m x 4.24m))

Double glazed window. Radiator. Fitted cupboards. Work surfaces. Single drainer sink unit. Non branded oven and hob with extractor hood.

Flatlet 2: (14' 6" x 13' 11" (4.42m x 4.24m))

Double glazed window with far reaching views. Radiator. Fitted cupboards. Work surfaces. Single drainer sink unit. Non branded oven and hob with extractor hood.

Frontage:

To the front of the property there is extensive parking for numerous vehicles via an in and out gravel driveway. Side pedestrian access to the rear garden.

Rear Garden:

Enjoys a pleasant aspect and is laid to lawn with central gravel area. Patio. Rockeries. Wrought iron fire escape to the side of the building.

Property Location

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