Downs Road, Canterbury 6 bed house for sale

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Downs Road, Canterbury 6 bed house for sale

Downs Road, Canterbury
£305,000

Our Summary

  • Great HMO investmentA great investment opportunity to purchase this 6 bedroom Licensed HMO currently rented out for £2550 pcm inclusive of utility bills

Description

This 6-bedroom Licensed HMO is a lucrative investment opportunity, currently generating £30,600 per annum through a single room basis rental agreement, yielding an impressive 8.5% annual return. The property is managed by Day Management and is let until July 2025, providing a stable income stream. With no onward chain, the property is a straightforward buy-to-let investment. Additionally, the property benefits from Ofcom broadband results of 18 Mbps and 1 Mbps, and is situated in Council Tax Band C, making it an attractive option for investors.