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17 bed property, in Whitstable Road, £1,280,000
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17 bed detached house

Whitstable Road, Canterbury CT2
£1,280,000

Our Summary

  • 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
  • There is potential for an increase in the rental income going forward to increase profitability

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Description

This 17-bedroom HMO development consists of a five double bedroom house with two bathrooms, living room, and kitchen, and three four-bedroom flats, each with a kitchen and living room. The properties share a communal garden to the rear and offer income of £77,000 with a yield of 6%, providing potential for further income increase with renovations. The house has five double bedrooms, two bathrooms, living room and kitchen, and each of the flats has four double bedrooms, kitchen and living room.

The development is located in the heart of St Dunstans, Canterbury, within easy access to the High Street, amenities, and public transportation.