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Downs Road, Canterbury 6 bed house for sale
Downs Road, Canterbury
£305,000
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 is a great investment opportunity to purchase a 6-bedroom licensed HMO, currently generating £30,600 in annual income, yielding 8.5% per annum. The property is rented out on a single room basis until July 2025 and is managed by Day Management, with no onward chain. The property benefits from Ofcom broadband speeds of 18 Mbps and 1 Mbps, and is located in Council Tax Band C, managed by Canterbury City Council. The property is being marketed as a buy-to-let investment, and as such, any successful buyer will need to undergo an identification check to meet the anti-money laundering regulations.