5 Bed HMO, Canterbury, CT2 7QY, £285,000

Ulcombe Gardens, Canterbury, CT2 7QY - 1 views - 3 months ago

Sold STC
HMO
ROI: 12%
~92 m²
+3 photos

ValuationFair Value











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£71,250

Stamp Duty & Legal Fees

£19,700

Total Cash In

£90,950

 

 

Cash Out

 

Room Rate

£607

Gross Rent

£3,035

Running Costs/mo

£2,092

Cashflow/mo

£943

Cashflow/yr

£11,311

ROI

12%

Gross Yield

13%













Property History

Listed for £285,000

January 21, 2025

Floor Plans

Description

A five bedroom HMO located in an area favoured by student tenants and offered to the market with no onward chain. The property is very well presented throughout and is rented for both 24-25 and 25-26 academic years. The accommodation is spacious with a living room, conservatory, modern kitchen, two bedrooms and a shower room on the ground floor and three bedrooms and a bathroom on the first floor. There are front and rear gardens, gas fired central heating and the property is fully double glazed.

Council Tax band C

Agent Details

Godwin Curtis Ltd, Canterbury

01227 203903

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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