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4 bedroom end of terrace house for sale
Regency Place, Canterbury CT1
£280,000
Regency Place, Canterbury CT1
£280,000
Our Summary
- A great investment opportunity to purchase this 4 bedroom 3 storey Licensed HMO currently rented out for £1980 pcm inclusive of utility bills
Description
This 4-bedroom, 3-storey Licensed HMO is a lucrative investment opportunity, generating an annual income of £23,760 through a single room rental basis until July 2025, yielding 8.48% per annum. The property is currently rented out for £1980 pcm, inclusive of utility bills, and is managed by Day Management. As a freehold property with no onward chain, it offers a straightforward purchase process. The property is located in Council Tax Band D and has a service charge of £170 per annum for maintenance of the development. Potential buyers will need to undergo identification checks as part of the purchase process.