£210,000
Bingley Court, Canterbury, CT1
- 2 beds
£210,000
- 2 beds
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Offering an impressive yield of over 7% and tenanted until the end of July 2023, this ground floor apartment currently achieves ?1400 rental and benefits from a modern fitted kitchen, contemporary bathroom and open plan living. There are three spacious double bedrooms, one with an ensuite shower room.
The apartment also comes with 2 parking permits perfect for visitors.
Situated in the popular Bingley Court development which is just a leisurely ten minute stroll along the river to the High Street and all city centre amenities. These include an excellent modern shopping centre, the University of Kent, Canterbury Christ Church University and other colleges, together with an excellent choice of schools in both the public and private sectors. In addition to the High Street is the Kings Mile, which is a lovely mall of boutique style shops, cafes, eateries and public houses.
Canterbury has two railway stations, with Canterbury West offering the high speed service to London (St Pancras 56 mins). The property is also within easy access of the A2 dual carriageway, which in turn links to the Channel Port of Dover or to the M2 to London.
As an investment opportunity, the apartment attracts students and professionals alike and generates an income of ?1400pcm.
Lease: 125 years from 2016
Ground Rent: ?64 per quarter
Management Fees: ?165pcm
Parking: Permits provided
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