Whitstable Road, Canterbury, CT2 8DQ

Detached in Canterbury, 17 bedroom(s), 6 bathroom(s). Located in CT2 8DQ. For sale: £1,200,000. CALLING ALL INVESTORS... Offered to the market for the first time, is this superb investment opportunity to acquire a 17 bedroom HMO development in the heart of St Dunstans, Canterbury. The development consists of a five double bedroom house which is a fully licenced HMO, and three flats each with four double bedrooms. The house has five double bedrooms, three bathrooms, living room and kitchen. Each of the flats has four double bedrooms, kitchen and living room. The properties jointly share the communal gardens to the rear. The properties are currently let and providing an income of £77k, which is a yield of 6%. There is potential for an increase in the rental income going forward to increase profitability. The property is situated within the Cathedral 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 recreational opportunities nearby include Canterbury Golf Club, sailing at Whitstable Yacht Club and Herne Bay and county cricket at Canterbury. In addition, the 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 in under an hour. The property is also within easy access of the A2 dual carriageway, which in turn links to the Channel Port of Dover and the M2 / A299 (Thanet Way) linking London and the coastal towns respectively and access to Ashford International train station connecting travellers with European cities.

Price: £1,200,000.00

Location: Canterbury, CT2 8DQ

Published by John Milne on OmniList.