Under Offer

Canterbury – Attractive fully let freehold residential investment opportunity

Lesser Knowlesthorpe, Barton Mill Road, Canterbury, CT1 1BP

Offers in excess of £2,050,000

Property Type:
Residential
Tenure:
Freehold

Description

  • Freehold
  • Comprising 9 flats (7 x one bed, 2 x two bed), 3 x three bed houses
  • Located in the attractive and affluent Cathedral City of Canterbury
  • Fully let subject to Assure Shorthold Tenancies
  • Total Current Rent Reserved: £122,820 per annum
  • Total Estimated Rental Value: £124,800 per annum

Offers in excess of £2,050,000 are invited for the Freehold interest, subject to all existing tenancies, subject to contract.

A purchase at this level would reflect a gross initial yield of 6% (based upon passing rent).

Subject to contract