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SOLD STC

Ulcombe Gardens, Canterbury, CT2 7QY

PROPERTY TYPE

House of Multiple Occupation

BEDROOMS

6

BATHROOMS

2

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

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Key features

  • Generate instant income
  • Tenanted HMO investment property
  • Six spacious and well proportioned bedrooms
  • Renovated to a high standard throughout
  • Two communal bathrooms
  • Fully-fitted modern kitchen with appliances
  • Driveway
  • Within walking distance of the University
  • Close to the town centre
  • Excellent transport links

Description

We are pleased to present this fantastic buy-to-let property investment opportunity which is on a company let generating £24,900 PA and over a 7% yield! 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‚Äôs appeal as a destination to live, study and visit. Don't miss out on this opportunity and enquire today!

Financial Breakdown

Gross Rent: £24,900.00
Net income: £24,900.00
Gross yield: 7.48%
Net yield: 7.48%
Please contact agent for full financial breakdown.

IMPORTANT NOTE TO PURCHASERS: 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 or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

yieldit ref: YL-05921

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

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Ulcombe Gardens, Canterbury, CT2 7QY

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Canterbury West Station0.8 miles
  • Canterbury East Station1.4 miles
  • Sturry Station1.6 miles
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About the agent

yieldit, Manchester

Suite 2A Osprey House at The Nest, Broadway, Manchester, M50 2UE.

yieldit, Manchester

Here at yieldit we specialise in the sale of tenanted, income generating buy-to-let property from investor to investor. We work with buyers and sellers who see the financial potential of a buy-to-let-property, and don't get distracted by little things - eliminating the normal stresses that come with trying to sell a buy-to-let property on the high-street.

yieldit brings a wide range of income generating properties to market, from larger homes perfect for families to city centre apartmen

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Disclaimer - Property reference YL-05921. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by yieldit, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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