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£310,000
Cossington Road, Canterbury, Kent, CT1
- 5 beds
Under offer/SSTC
£310,000
- 5 beds
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Estimate monthly mortgage payment:
£1,415 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£15,500
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Regal Estates are pleased to offer this Four / Five bedroom terrace home in Cossington Road, currently being rented as a student property, on the South side of Canterbury and just a few minutes’ walk into the City Centre.
The property has recently been decorated, and has had new floors and carpets throughout, a new kitchen and an updated bathroom.
Currently being rented for £1600.00 per month with the potential to add a further £300 per month by renting an additional small bedroom, this property is an ideal investment for a landlord looking for an immediate return on investment.
The accommodation is set over four floors with spacious rooms throughout.
On the ground floor to the front is one of the rooms currently being let. This double room is light and airy, with a large window to the front and a feature fireplace. Alternatively, this would make an ideal living room were the house to be purchased as a family home.
The current living room is to the rear of the house, and benefits from wooden floors throughout, and French doors out into the courtyard garden.
Leading from the living room, the kitchen has been fitted with new wall and base units, a Corian countertop, integrated oven and induction hob. There is also a washing machine, and fridge freezer, a door to the rear garden, and a handy downstairs cloakroom accessed at the end of the kitchen.
From the living room a door leads to a staircase down into another room which is fully licenced, and provides another bedroom for the student lets, or alternatively would make an ideal games room or playroom in a family home.
On the first floor are two bedrooms, one double and one single, and the shower room which features an electric shower, a vanity sink and toilet, and also houses the boiler.
The second bedroom has not been rented this year, but could add an additional £300 per month, taking the total annual income to over £20,000.
Stairs on the landing lead to a further double bedroom on the second floor, with dormer windows overlooking the rear garden.
The house benefits from double glazing throughout and gas central heating, and is being offered with no forward chain, so call us now to arrange an early viewing.
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Stamp Duty tax
These figures are estimates and are provided for guidance only
Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£0
Mortgage and legal costs:
£999
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- Conveyancing fee
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