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Halstead Close, Canterbury, CT2

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

1

SIZE

634 sq ft

59 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Investors only – tenant in situ
  • Rental income of £1,100 PCM (£13,200 per annum)
  • Gross yield of approximately 8.25% at £160,000
  • Two well-proportioned bedrooms
  • Modern kitchen with granite worktops
  • Stylish shower room
  • Useful office/study area ideal for home working

Description

Guide Price £160,000 - £170,000 | Investors Only | Tenant in Situ

An excellent opportunity to acquire this well-presented second-floor apartment, offered for sale with tenants in situ and generating an established rental income of £1,100 per calendar month.

The accommodation comprises two bedrooms, a modern fitted kitchen featuring attractive granite worktops, a stylish shower room, and a useful office area, ideal for home working. The property is tastefully decorated throughout and benefits from tiled flooring in the principal living areas, creating a contemporary and low-maintenance finish.

The current tenancy provides an immediate income stream, making this an ideal addition to an investor's portfolio. Based on the guide price, the property offers an attractive gross yield of approximately 8.25% at £160,000.

Conveniently located close to local amenities and transport links, this turnkey investment opportunity is available to investors only.

Current Rental Income: £1,100 PCM (£13,200 per annum)
Guide Price: £160,000 - £170,000
Gross Yield: Approximately 8.25% at £160,000

Brochures

Brochure 1
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.
Band: B
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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Halstead Close, Canterbury, CT2

Approximate location

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Affordability

Monthly repayments£803
Property: £ 160,000
Deposit: £ 16,000
Interest rate: 5.33%
Term: 30 years
Powered byNatwest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Renovation potential
Recently sold & under offer
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Disclaimer - Property reference RX803246. 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 TAUK, Covering Nationwide. 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.
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