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7 bedroom terraced house for sale
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 a fantastic 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 each floor offering a mix of bedsits with private shower and cooking facilities. The landlord pays for heating, council tax, and water rates, with the tenants paying their own electric bills via meters in each unit. The property is located close to the town center and has excellent road access to major highways. The vendor supplies furniture and kitchen equipment for all the bedsits, and all units are on assured shorthold tenancies. The property has recently had a new boiler installed, electrical installation condition report, gas safety certificate, and a new fire alarm system fitted.