Cash buyers only — sale via online auction with standard auction deposit required
A compact studio in Parham Road is offered as a buy-to-let investment in a busy student neighbourhood of Canterbury. The suite is tenanted from 06/09/2025 to 28/08/2026, producing £7,242 per year, and sits within a contemporary apartment block with shared garden and communal areas. Its location is within easy walking distance of university campuses, the city centre and Canterbury West station.
This sale is leasehold and strictly for cash buyers; it will be offered via online auction. Successful bidders should budget for the standard auction deposit, a non-refundable reservation fee (3.6% incl. VAT, minimum £5,940) payable in addition to the purchase price, and the service charge which averages £1,447.94 per year (split across multiple charges). Full legal and auction pack information is available on request and should be reviewed prior to bidding.
The suite suits investors seeking an income-producing student asset close to local higher-education facilities and transport links. Note the local area is classified as deprived with very high recorded crime — this affects tenant profile and potential management considerations. The property is sold with the current tenancy in place; buyers will acquire the leasehold interest subject to that tenancy.
Prospective purchasers should confirm lease length, ground rent (if any), exact service charge apportionments and the reserve price before bidding. The block is modern and low‑maintenance, but this is a compact student room rather than a self-contained family home, so use is limited and resale typically targets the investor/student market.
