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  • Fantastic investment opportunity
  • Property offering 7 upmarket bedsits
  • Annual gross income of £40,400
  • Potential gross return of 11% Per Annum
  • Energy rating - D (63)
FULL DESCRIPTION
This property will make A fantastic investment property. It offers seven upmarket bedsits, all offering their own kitchen area and shower rooms. The annual gross rent roll is £40,400 and this offers A potential gross return of 11%. Call for further details or to arrange A viewing.

This property will make A fantastic investment property. It offers seven upmarket bedsits, all offering their own kitchen area and shower rooms. The annual gross rent roll is £40,400 and this offers A potential gross return of 11%.

Call for further details or to arrange A viewing.

The property is spread over four floors, and offers seven upmarket bedsits, with own shower and cooking facilities. The vendor has advised that the annual gross rent received for the units is £40,400.

The landlord pays for the heating for the entire property, council tax and water rates. For the tax year ending March 2025 the costs for these were as follows:-

Council Tax £2,126.00
Water Rates £625.58
Gas/Electric £2,625.00

The electric bill covers communal electric and also for the main light within bedsits. The tenants pay their own electric via a meter within the bedsits.

Each bedsit has a kitchen area offering cooking facilities and private shower and WC.

The vendor supplies the furniture and kitchen equipment for all the bedsits. The vendor has advised that all bedsits are on assured shorthold tenancies.

The vendor has advised that a new boiler was installed in April 2022 and there is an electrical installation condition report dated September 2024. Gas safety certificate dated May 2025. The vendor has also just had a new fire alarm system fitted in 2025.

The above information should be checked by your legal representatives before proceeding.

This property is situated, close to the town centre with its shops and amenities, however more locally are a parade of local shops too. Dover Priory main-line railway station with the fast-link train to London St Pancras in approx. 1 hour 5 mins, is also close by. There is excellent road access up to the A2/M2 and also the M20 via the Alkham Valley.

Lower Floor

Front door access to communal hallway, Doors to units 6 & 7.

Unit 6 (3.81m x 3.51m)

Open plan bedroom/kitchen space. Double glazed bay window to front. Door to shower room. Shower room with shower cubicle, WC and wash basin.

Unit 7

Open plan bedroom/lounge area with cupboard containing the communal boiler. Open to kitchen area with door to rear garden. Door to Shower room, with shower cubicle, WC and wash basin.

This unit has sole access to the rear garden.

Unit 4

Open plan bedroom/kitchen space. Double glazed bay window to front. Door to shower room. Shower room with shower cubicle, WC and wash basin.

Unit 5

Open plan bedroom/kitchen space. Double glazed window to rear. Door to shower room. Shower room with shower cubicle, WC and wash basin.

Second Floor

Landing with doors to units 2 & 3 and stairs to top floor.

Unit 2

Slightly larger open plan bedroom/kitchen space. Double glazed window to front. Door to shower room. Shower room with shower cubicle, WC and wash basin.

Unit 3 (3.71m x 3.23m)

Open plan bedroom/kitchen space. Double glazed window to rear. Door to shower room. Shower room with shower cubicle, WC and wash basin.
This bedsit is currently vacant.

Top Floor Unit 1

Large open plan bedroom/kitchen area with double glazed windows to front & rear. Storage cupboard. Door to shower room, with shower cubicle, WC and wash basin.



Viewing
Please contact us on 01304 246111 if you wish to arrange a viewing appointment for this property, or require further information.

Energy Performance Certificate
Click here to view the Energy Efficiency Rating and Environmental Impact Rating for this property.


Disclaimer
Tersons endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.
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