AUCTION PROPERTY
TO BE OFFERED IN OUR 26TH MARCH AUCTION - A substantial and imposing detached property arranged over the basement, ground, first and second floors. Currently operating as a licenced House of Multiple Occupation (HMO) for up to nine persons or eight households.
The accommodation is configured to provide 10 letting units; eight units with bathroom and facilities in the main building under the existing HMO licence, and two self contained units with their own private entrance to the side of the building. The lot also includes extensive side and rear gardens, outbuildings and a vacant garage together with off-street parking for multiple vehicles at the front of the property.
The building is situated in a well regarded and highly accessible location, close to Gravesend town centre. This represents a strong income-producing investment with clear scope for further value add and re-configuration potential, subject to all the necessary consents being obtainable.
Basement Flat - entrance outside on side of buildingSitting room, kitchen, bedroom and bathroom.
TenancyLet under the terms of an Assured Shorthold Tenancy Agreement at a current rental of 825 per calendar month increasing to 900
per calendar month from 5th February 2026.
EPC Rating E Ground FloorFlat A - Entrance outside on side of buildingSitting room, bedroom, kitchen and bathroom with W.C.
TenancyLet under the terms of an Assured Shorthold Tenancy Agreement at a current rental of 850 per calendar month.
EPC Rating C Flat BBedroom/living area, kitchen, bathroom with W.C.
TenancyLet under the terms of an Assured Shorthold Tenancy Agreement at a current rental of 525 per calendar month increasing to 700
per calendar month from 24th January 2026.
EPC Rating DFlat CBedroom/living area, bathroom, kitchen/diner, bathroom, separate WC and access to side/rear gardens.
TenancyLet under the terms of an Assured Shorthold Tenancy Agreement at a current rental of 675 per calendar month increasing to 750
per calendar month from 24th January 2026.
EPC Rating DFlat FBedroom/living area, kitchen, bathroom with W.C.
TenancyLet under the terms of an Assured Shorthold Tenancy Agreement at a current rental of 600 per calendar month increasing to 700
per calendar month from 20th January 2026.
EPC Rating EFirst FloorFlat DCombined living/bedroom area, kitchen/dining area with fitted kitchen units to one wall. Use of own bathroom separately on landing (marked as D).
TenancyLet under the terms of an Assured Shorthold Tenancy Agreement at a current rental of 750 per calendar month.
EPC Rating D Flat E (unmarked door)Bedroom/living area, kitchen facilities. Use of own bathroom separately on landing (unmarked, end of corridor).
TenancyLet under the terms of an Assured Shorthold Tenancy Agreement at a current rental of 650 per calendar month.
EPC Rating D Flat GBedroom/living area, kitchen and bathroom with W.C.
TenancyLet under the terms of an Assured Shorthold Tenancy Agreement at a current rental of 565 per calendar month increasing to 700 per calendar month from 23rd January 2026.
EPC Rating DFlat HBedroom/living area, kitchen, bathroom with W.C.
TenancyLet under the terms of an Assured Shorthold Tenancy Agreement at a current rental of 700 per calendar month.
EPC Rating C Two additional bathrooms that are separately used between Flats D and E.
Second FloorFlat I (Self contained)Living room, bedroom, kitchen/diner and bathroom with W.C.
TenancyLet under the terms of an Assured Shorthold Tenancy Agreement at a 900 per calendar month.
EPC Rating To be confirmed.
Council Tax Band G for BuildingOutsideExtensive side and rear gardens, outbuildings, vacant garage and forecourt parking for a number of vehicles.
Auctioneer's NoteThe existing HMO licence is registered under licence no: 23/00408/LHMO01 and expires on 11th June 2028. This covers eight letting units in the building.
Detached GarageTenancyCurrently vacant. Previously let at 150 per calendar month.
Local Planning AuthorityGravesham Borough Council. Tel: 01474 337391. Website: gravesham.gov.uk.
Freehold with Part Vacant Possession
Residential EPC: TBC
Important:
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day. Price Information
*Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at www.cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.
*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to www.cliveemson.co.uk/buyers-fees/