Ready-income investment in a character property close to campus and transport.
Licensed 10-bedroom HMO generating ~£5,000 pcm income
Grade II listed — consent needed for many alterations
Freehold and chain free for straightforward purchase
Medium flood risk — affects insurance and mitigation costs
High local crime rate — consider robust tenant screening
Solid brick pre-1900 walls; likely no insulation needing upgrade
Small plot with compact internal layout, three bathrooms only
Central location near colleges, transport, shops and amenities
This Grade II listed end-of-terrace property is a licensed 10-bedroom HMO in central Canterbury, currently producing approximately £5,000 pcm. Arranged over multiple floors with three bathrooms, it offers an immediate rental income for an investor targeting international students and nearby professionals. The building’s period character and location close to transport, shops and colleges are strong demand drivers.
The house is small-plot and compact inside despite a 2,012 sq ft footprint; its solid brick, pre-1900 construction gives character but also practical limitations. Listed status will restrict external and internal changes and may complicate modernization or insulation upgrades. The property is chain free and freehold, which supports a straightforward acquisition.
There are material considerations to factor into purchase and management. Flood risk is assessed as medium and the area records higher-than-average crime — both relevant for insurance and tenant screening. The walls are likely uninsulated and any substantial refurbishment will need listed-building consent, potentially increasing costs and lead times.
For the right buyer this is a ready-made income asset in a cosmopolitan student neighbourhood. It suits a hands-on investor who understands conservation constraints, or a buyer prepared to convert the layout into a 4–5 bedroom family home subject to consents. The licensed HMO status and central location deliver occupancy and cashflow from day one.
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