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