Tenterden Drive, Canterbury, Kent, CT2
4 bedroom end of terrace house
£280,000
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Fantastic Investment Opportunity - Spacious 4 Bed House with Excellent Rental Yield in Canterbury
Are you looking for a lucrative investment in Canterbury Look no further! This spacious and well-maintained 4 bedroom, 1 bathroom with separate shower and 1 reception end of terrace house on Tenterden Drive is the perfect property for investors.
Location is crucial when it comes to investment properties, and this house is ideally situated near the prestigious Kent University. With a constant flow of potential tenants, you can rest assured that your investment will be in high demand. The current rental income of £1500 per month ensures a steady cash flow, and the property is already let until June 2025. But that's not all - there's a potential to increase the monthly rent to £1750, further boosting your returns.
Enhancing the rental yield is the possibility of letting out the 4th room, which could increase the gross yield to an impressive 6.8%. This opportunity allows you to maximize your investment and achieve substantial returns. Whether you're an experienced investor or just getting started, this property offers great potential for long-term growth and profitability.
The house itself is in good order, ensuring that no immediate maintenance or renovation costs are required. The lovely gardens at the front and rear provide a serene and inviting atmosphere. Imagine your tenants enjoying the outdoor space and feeling right at home. The property also benefits from being an end of terrace, providing added privacy and a more exclusive living experience.
Canterbury, with its rich history and vibrant atmosphere, is a sought-after area for students, professionals, and families alike. Its excellent transport links, amenities, and proximity to the university make it a desirable location for tenants, ensuring a consistently high demand for rental properties.There is also a late night convenience store close by.
A bus stop with access to the University and City centre is yards away.
There is also a Garage and plenty of on road parking close to the property.
Don't miss out on this fantastic investment opportunity. Secure your financial future by investing in this spacious 4 bed house in Canterbury. With excellent rental yield and great potential for growth, this property promises significant returns on your investment. Contact us today to arrange a viewing and make this lucrative investment yours!