About this investment opportunity
- Five Bedroom Bungalow
- Tenants in Situ
- Rental Income £22,000 Approx
- Large Rear Garden
- Great Investment Opportunity
- Close to University of Kent
- Viewing Recommended
- NO ONWARD CHAIN
Current Rental Yield: 8%
Current Rental Return: £22,000 PA
Chain Free | Tenants in Situ | Potential to Extend (STPP) |
Miles and Barr are delighted to offer to the market this five bedroom bungalow with tenants in situ and achieving approx £22,000 per annum giving a yield of 8%.
Situated in the Hales Place location and offering easy access to the University of Kent and city centre, the property offers a fantastic investment opportunity.
The accommodation comprises the entrance hallway, kitchen, open plan lounge/diner, five bedrooms and bathroom. Outside the property benefits from a large rear garden which is mainly laid to lawn with a patio seating area. The large rear garden means that the property could be extended if required (SSTP). Please contact Miles and Barr to arrange your viewing.
The property is situated within the city of Canterbury, being within easy access of the High Street and all its amenities. These include an excellent modern shopping centre, the University of Kent, Canterbury Christ Church University and other colleges, together with an excellent choice of schools in both the public and private sectors. In addition to the High Street is the Kings Mile, which is a lovely mall of boutique style shops, cafes, eateries and public houses.
SPORTING AND CULTURAL AMENITIES
Sporting and recreational opportunities nearby include: golf at Scotland Hills, Canterbury, sailing at Whitstable Yacht Club and Herne Bay, county cricket at Canterbury and day trips to France via Eurotunnel, all within easy access. In addition, the recently refurbished Marlowe Theatre, the spectacular Beaney House of Art & Knowledge and the Gulbenkian (theatre, cinema and café bar) at the University of Kent, all provide a wealth of excellent entertainment in Canterbury.
Canterbury has two mainline railway stations, with Canterbury West offering the high speed service to London (St Pancras 56 mins). The property is also within easy access of the A2 dual carriageway, which in turn links to the Channel Port of Dover and Brenley Corner at Faversham, adjoining the M2 / A299 (Thanet Way) linking London and the coastal towns respectively. Ashford International (15.4 miles, London St Pancras 38 mins) which also has services to the continent via Eurostar (Paris 1 hr 52 mins) or via Eurotunnel at Cheriton (19.3 miles, Calais 35 mins).
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