House For Sale £390,000
We are pleased to present this fantastic buy-to-let property investment opportunity generating a spectacular £32,700 per annum with an anticipated gross annual income of £38,640 once fully occupied which is an impressive 8% net yield! The end of terrace property is currently operating as a fully-licensed HMO with six bedrooms, all currently let. The entire property has been renovated to an impeccable standard throughout and comes fully furnished, compromising of six good-sized bedrooms with double beds, two communal bathrooms, a fully-fitted kitchen complete with appliances, a back yard and a drive way.
Ulcombe Gardens is located in an enviable position, sitting perfectly in the ever popular Hales Place which is just a 15-minute walk from the University of Kent and a 10-minute drive from the city centre which is home to a thriving high street offering retail destinations such as The King's Mile and Whitefriars Shopping Centre along with wonderful restaurants, cafes and a great nightlife scene. The city also boasts excellent transport links and Canterbury West Station provides high speed links into London making it ideal for commuters.
Canterbury is a beautiful and historic city surrounded by plenty of countryside, in a 2021 study, it was named the fifth best place to live in the UK and the best in Kent and ranked 31st for the best place for architectural beauty and the 58th best for quality of life. In addition to this, there are plans for multimillion pounds worth of investment such as the £115 million Riverside leisure complex which will only increase it’s appeal as a destination to live, study and visit. Don't miss out on this opportunity and enquire today!
Financial Breakdown
Gross rent: £24,900
Net income: £24,900
Gross yield: 6.38%
Net yield: 6.38%
Important Note To Purchasers
*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-05921
Ulcombe Gardens is located in an enviable position, sitting perfectly in the ever popular Hales Place which is just a 15-minute walk from the University of Kent and a 10-minute drive from the city centre which is home to a thriving high street offering retail destinations such as The King's Mile and Whitefriars Shopping Centre along with wonderful restaurants, cafes and a great nightlife scene. The city also boasts excellent transport links and Canterbury West Station provides high speed links into London making it ideal for commuters.
Canterbury is a beautiful and historic city surrounded by plenty of countryside, in a 2021 study, it was named the fifth best place to live in the UK and the best in Kent and ranked 31st for the best place for architectural beauty and the 58th best for quality of life. In addition to this, there are plans for multimillion pounds worth of investment such as the £115 million Riverside leisure complex which will only increase it’s appeal as a destination to live, study and visit. Don't miss out on this opportunity and enquire today!
Financial Breakdown
Gross rent: £24,900
Net income: £24,900
Gross yield: 6.38%
Net yield: 6.38%
Important Note To Purchasers
*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-05921
