Guide Price £140,000

Key Features

• Share of freehold with lease being extended to 999 years
• Private garden and own entrance
• Just under a mile from Canterbury city centre and transport links
• Allocated parking
• Fantastic first time buyer home

Description

Guide Price £140,000 - £150,000. Well-presented one-bedroom apartment with private entrance, garden and parking, less than a mile from Canterbury city centre. Share of freehold with a 999-year lease extension underway - an ideal first home.

Marketed by Heidi Rocks this well presented one bedroom apartment on Oxford Road, Canterbury, ideally located just under a mile from the city centre and offering an excellent investment opportunity.
This property benefits from its own private front door, giving it a more independent feel than a typical apartment, along with the added advantages of a private garden and parking, all features that can make it especially appealing to tenants and help support strong ongoing demand.
Inside, the accommodation offers comfortable and practical living space, well suited to a single occupant or couple. Its convenient position provides easy access to Canterbury city centre, local amenities and transport links, making it a highly lettable option in a popular location.
Further enhancing its appeal, the property comes with a share of freehold and the lease is being extended to 999 years from 2017, offering excellent long term security for an investor. With a projected yield of between 8% and 9%, this is a very attractive opportunity for anyone looking to add a strong performing property to their portfolio. As the property is now vacant it would be an excellent first time buy too.

Location