18 bedroom detached house for sale

Whitstable Road, Canterbury

Offers in Excess of £1,250,000

Property Description

Key features

  • INVESTMENT OPPORTUNITY
  • 18 ROOMS TO LET
  • SHARED COMMUNAL FACILITIES
  • REAR GARDEN
  • PARKING FOR SEVERAL CARS
  • PLANNING CA/19/00990 GRANTED FOR TWO 1 BEDROOM ROOMS WITH EN SUITES AND THREE COVERED CAR PARKING SPACES
  • PLANNING CA/15/02157 GRANTED FOR CONVERSION INTO 9 APARTMENTS

Full description

Are you looking for an investment opportunity that can earn you money straight away? Would a property with future potential be of interest to you? Could this be the investment you have been waiting for? The property is ideally suited to a number of alternative uses subject to planning.

Come and see this impressive HMO investment opportunity with a gross return of 8.3% per annum. An imposing detached property comprising of 18 rooms, let predominantly to students who attend the University of Kent.

Located on the sought after Whitstable Road this substantial property is in a highly desirable position for students due to its walking proximity to the University, Canterbury City centre and Canterbury West Train Station.

The ground floor is home to the communal facilities which are clean and organised with plenty of space for the separate inhabitants. Arranged over three floors, there are currently 18 bedrooms spread over all three levels with shower rooms/wc's on the ground and first floors and a bathroom to the second floor. Glazed doors lead out to the large garden which offers a generous external area for the summer months and access to the parking area accessed from Westgate Court Avenue, via a shared driveway. The property is currently let on individual tenancies with a potential income in excess of £110,000 per annum which includes utility bills and a weekly communal clean.

The property was granted planning consent for the conversion to 9 x apartments on 2nd March 2016 ref CA/15/02157. Further planning consent granted on 1st November 2019 ref CA/19/0990 for a separate building offering a further two bedrooms with en suites and car ports for three cars. You could look to make an additional £12,000 per annum.

You really can look to make this investment an ongoing opportunity to expand and develop your earning potential.

What a fantastic opportunity, the possibilities are endless!

Call us now to come and see if this could be right for you.

18 Bedrooms With Potential For Two Further Rooms - 18 rooms let, on individual tenancies, which include all utility bills and a weekly communal clean.

Kitchen/Communal Facilities - Large communal dining space, two kitchens and a utility room.

Shower Room/Bathrooms - Three shower rooms, one bathroom and two further WC's.

Rear Garden/Parking - Rear garden with bike storage facilities, parking for several cars.

Hmo Licence - The HMO Licence on the property expires in December 2021

Planning Permission - The property was granted planning consent for the conversion to 9 x apartments on 2nd March 2016 ref CA/15/02157. Planning permission CA/19/00990 - granted for two storey building, three car parking space and two one bedroom with shower rooms on 1st November 2019.


More information from this agent

Listing History

Added on Rightmove:
21 November 2019

Nearest stations

  • Canterbury West (0.3 mi)
  • Canterbury East (0.8 mi)
  • Sturry (2.6 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Regal Estates, Canterbury

57 Castle Street Canterbury CT1 2PY

01227 763888 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Regal Estates, Canterbury

57 Castle Street Canterbury CT1 2PY

01227 763888 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Canterbury West (0.3 mi)
  • Canterbury East (0.8 mi)
  • Sturry (2.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Regal Estates, Canterbury

57 Castle Street Canterbury CT1 2PY

01227 763888 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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