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7 Mortimer Street, CT6

Key features

  • Studio Flat
  • Popular & Convenient Location
  • Close To Amenities & Seafront
  • Currently Let Generating A Gross Yield Of 8.8%
  • Split Level (1st & @ Floors)
  • No Onward Chain

Description

Situated on sought-after Mortimer Street, this well-proportioned split level top-floor leasehold flat offers bright, practical living space with a versatile layout, making it an excellent investment opportunity or first-time purchase.

The property comprises a generous studio room on the top floor which measures approximately 15’3” x 15’2”, providing ample space for sleeping, living and dining areas with a pleasant outlook and good natural light. Also on this level is a good sized bathroom (9'7" x 4'8" approx')which is conveniently located off the studio room. There is a separate kitchen (11’9” x 5’6”) on the firstr floor which is efficiently arranged to maximise usability.

The property is offered for sale at £85,000 and is currently tenanted at £625 PCM, providing an immediate income stream. This equates to a strong gross yield of approximately 8.8%, making it particularly attractive for buy-to-let investors.

In total, the flat offers approximately 417 sq.ft. of internal space and as mentionedabove benefits from a practical split-level layout.

Located in a popular residential area, the property is within easy reach of local amenities, transport links, and the seafront and is offered with no onward chain.


Flooded in the last 5 years: No.

Construction materials used: Brick and block.

Water source: Mains.

Electricity source: Mains.

Sewerage arrangements: Mains.

Heating Supply: Central heating (gas).
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.
On street
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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7 Mortimer Street, CT6

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About Charles Bainbridge, Canterbury

1 The Bakery, 47 Broad street, Canterbury, Kent, CT1 2LS

Welcome to Charles Bainbridge Estate Agents

Charles Bainbridge is a multi-award winning, progressive, and innovative firm with people at its heart. We pride ourselves on achieving consistent high quality across all sectors, whilst retaining individual and personal client relationships.

We are proud of our reputation for providing genuine and honest advice, delivered with warmth and integrity. As such we are pleased to be chosen to act for a wide range of private clients and are the first choice for many corporate clients including solicitors, accountants, developers and investors.

We are delighted to have been recognised nationally we have achieved a rating of "Exceptional" in the 2022 Best Estate Agent Guide which we have featured in for a number of years along with having scooped two Sunday Times Estate Agency of the Year Awards, in separate categories.

Affordability

Monthly repayments£427
Property: £ 85,000
Deposit: £ 8,500
Interest rate: 5.33%
Term: 30 years
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Disclaimer - Property reference cbea_825876248. 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.

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