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7 bed terraced house
London Road, Dover CT17
£362,000
London Road, Dover CT17
£362,000
Our Summary
- The annual gross rent roll is £40,400 and this offers A potential gross return of 11%
- The vendor has advised that a new boiler was installed in April 2022 and there is an electrical installation condition report dated September 2024
- Gas safety certificate dated May 2025
- Fantastic investment opportunity
Description
This property is an excellent investment opportunity, offering seven upmarket bedsits with their own kitchen areas and shower rooms. The annual gross rent roll is £40,400, providing a potential gross return of 11%. The property is spread over four floors, with the landlord responsible for heating, council tax, and water rates. Each bedsit has its own kitchen area, private shower and WC, and is furnished and equipped by the vendor. The property is located close to the town center and has good road access to major highways. The vendor has recently installed a new boiler, electrical installation condition report, gas safety certificate, and fire alarm system. This property is ideal for an investor looking for a steady income stream.