Initial price	£460,000
05/09/24	£450,000
Price Change	-2.17%

This is an investment opportunity to purchase a five-bedroom HMO freehold period property located in a conservation area, set over five floors. The property features five bedrooms, including one with an en-suite bathroom, two further bathrooms, a communal kitchen-living space, and a utility room. The property also has a rear garden and is close to Gravesend Promenade and the town center, with a mainline railway station offering fast trains to London within 25 minutes. The current rent roll is £34,500 per annum. The property is being sold through a traditional online auction, with the winning buyer obligated to purchase the property at their highest bid price. A buyer's premium of £2,400 (inclusive of VAT) will be charged, and the buyer must pay 10% of the purchase price, with £2,600 payable immediately online and the remainder payable by 12pm the next business day.