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£220,000

St Andrews Close, Canterbury, CT1

  • 2 beds
Flat

£220,000

  • 2 beds
Flat
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Estimate monthly mortgage payment:

£1,004 per month

Minimum deposit amount:

£11,000
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Wonderful apartment close to the city centre. This could present a fantastic investment opportunity boasting an impressive yield of 8% and tenanted until the end of July 2025. This ground floor apartment currently achieves ?1500 rental and benefits from a modern fitted kitchen, contemporary bathroom and flexible, open plan living. There are three spacious rooms which are currently used as double bedrooms but can easily be used as a study or an extra living room , one of the bedrooms benefits from an en suite shower room.
The apartment also comes with 2 parking permits perfect for visitors.

Situated in the popular St Andrews development which is just a leisurely ten minute stroll along the river to the High Street and all city centre amenities. These include an excellent modern shopping centre, the University of Kent, Canterbury Christ Church University and other colleges, together with an excellent choice of schools in both the public and private sectors. In addition to the High Street is the Kings Mile, which is a lovely mall of boutique style shops, cafes, eateries and public houses.

Canterbury has two railway stations, with Canterbury West offering the high speed service to London (St Pancras 56 mins). The property is also within easy access of the A2 dual carriageway, which in turn links to the Channel Port of Dover or to the M2 to London.


Management fee - ?160pcm
Ground rent - ?65 per quarter
Lease - 125 years from 2007

Can be sold with tenants in situ or vacant possession.

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