Ivy Lane, CT1
- PROPERTY TYPE
Terraced
- BEDROOMS
24
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Description
*Fully let freehold residential block producing £167k per annum
*Attractive gross yield of approximately 7% at guide price.
*Stamp duty contribution from vendor
*10 Self-Contained units
*24 Lettable Rooms
An excellent opportunity to acquire a well-established freehold residential block in a desirable Canterbury location, comprising a mix of well-maintained flats and houses with consistent occupancy and strong rental performance.
Investment Summary
- Fully let residential block producing £167,040 rental income per annum
- Attractive gross yield of approximately 7% at guide price
- Comprising 10 self-contained units
- Proven rental history with stable, long-term tenants
The Property
Holters Mews is a well-configured residential block arranged across a range of unit types, appealing to a broad tenant base. The property has been maintained to a good standard throughout and offers immediate income.
The mix of units provides diversification of income, reducing risk and enhancing long-term investment security.
Location
Situated in Canterbury, a highly desirable and historic city with strong and consistent rental demand driven by:
- Two major universities
- A thriving tourism and service economy
- Excellent transport links, including High-Speed rail to London
The property benefits from a well-established residential setting, attractive to both professional tenants and students.
Investment Potential
- Immediate, stable income from day one
- Scope for future rental growth in line with market trends
- Scope for further devlopment subject to planning.
This is a rare opportunity to acquire a stabilised, income-producing asset in a strong South East location, suitable for both private investors and portfolio landlords seeking reliable returns.
Ivy Lane is an attractive residential street located within moments of all of Canterbury's ammenities including the Cathedral, Canterbury West and East Stations, shops, restaurants and leisure facilities and University of Kent sites.
Construction materials used: Brick and block.
Water source: Mains.
Electricity source: Mains.
Sewerage arrangements: Mains.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Ivy Lane, CT1
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Visit our security centre to find out moreDisclaimer - Property reference cbea_158707542. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Charles Bainbridge, Canterbury. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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