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Sun Street, Canterbury, CT1 12 bed property for sale
Sun Street, Canterbury, CT1
£1,200,000
Sun Street, Canterbury, CT1
£1,200,000
Our Summary
- Great Investment Opportunity
Description
This beautiful and versatile property is situated in the heart of the City Centre, offering a range of apartments with spacious accommodation and city living. The ground floor commercial space is let on a 10-year lease to the successful chain operation "Wing Kingz" for £55,000 per annum, generating a strong income. The upstairs residential elements consist of four to five bedrooms, modern kitchen, and bathrooms, with an estimated rental income of approximately £80,000 through AST tenancies. The property also has a separated outbuilding with additional living space, offering a rare and exciting opportunity for investors or families. With a strong covenant on the ground floor and healthy commercial income, this property is expected to produce an estimated 6.4% yield. Viewings are highly recommended to appreciate all that this unique property has to offer.