Summary - 5 THE CLOSE CANTERBURY CT2 7TP
4 bed 1 bath House
Chain-free four-bedroom HMO near University of Kent, producing immediate rental income..
- Four-bedroom HMO let until July 2026, producing £1,400 pcm
- Freehold and chain-free; sold as a going concern
- Cavity wall and loft insulation; double glazing present
- Single bathroom serving four bedrooms; limits family appeal
- Very slow broadband speeds; may deter some tenants
- Small plot and modest overall size (c.804 sq ft)
- On-street parking only; no private driveway
- Local crime level above average; affects lettings and insurance
A practical four-bedroom end-terrace close to the University of Kent, offered chain-free and sold as a going concern. Currently let as an HMO until July 2026, it produces £1,400pcm income (c.7% annual yield), making this a straightforward addition to a rental portfolio. The layout includes a ground-floor bedroom/dining room, sitting room, fitted kitchen, downstairs WC and an enclosed rear garden. Upstairs there are three further bedrooms and a bathroom with shower over the bath.
Built in the mid-20th century and constructed with filled cavity walls, the house benefits from cavity wall and loft insulation and double glazing. Heating is by mains-gas boiler to radiators. Parking is on-street and the small private garden and external store suit low-maintenance occupiers. Council tax band C and freehold tenure reduce running complexity for an investor.
Be realistic about the material downsides: broadband speeds are very slow, crime in the area is above average, and there is only one bathroom for four bedrooms — factors that affect tenant mix and management. The property’s overall size is modest (c.804 sq ft) and the plot is small, so appeal is strongest to student tenants or a landlord seeking reliable HMO income rather than a family wanting generous living space.
In short, this is a compact, income-producing house in a cosmopolitan student neighbourhood offering immediate rental return and low-maintenance features, but it requires an investor comfortable with single-bathroom HMOs, slower internet provision and local crime levels.
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