Downs Road, Canterbury 6 bed house for sale

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Downs Road, Canterbury 6 bed house for sale

Downs Road, Canterbury
£325,000

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 fantastic HMO investment opportunity, generating an annual income of £30,600, equivalent to an impressive 8.5% yield. The property, currently rented out for £2550 per month, inclusive of utility bills, is a 6-bedroom licensed HMO, managed by Day Management, and let out on a single room basis until July 2025. With no onward chain, this buy-to-let property offers a hassle-free investment opportunity. The property's broadband speed is 18 Mbps, and it falls under Council Tax Band C, managed by Canterbury City Council. As part of the purchase process, the buyer(s) will need to undergo an identification check to meet the company's obligations under Anti Money Laundering regulations.