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£240,000

4 bed terraced house for sale
Coombe Valley Road, Dover, Kent CT17

    • 4 beds

    • 2 baths

    • 1 reception

  • EPC Rating: C

  • Freehold

Geering & Colyer - Dover Sales

Logo of Geering & Colyer - Dover Sales

About this property

    Calling all investors - Hands up who wants a 10% gross yield? Yes, you read correctly - this property is a ready made multi let, currently producing £2000 pcm through 4 individually let rooms. The new owner of this property would not have to lift a finger to turn this property into a revenue stream, as it is already fully tenanted producing stable income, month after month. A perfect opportunity for an experienced, or budding investor.

    Located on Coombe Valley Road, the home offers easy access into Dover town centre, or out of Dover and beyond via London Road towards the A2. Dover Hospital, local shops, amenities, and pubs are all conveniently situated just a short walk away.

    Originally a large period home, this property offers all requisite hallmarks that have made the transition into a HMO seamless. Configured across three spacious floors offering large double bedrooms, each with their own sink and fridge, there is plenty of room all occupants. A lawned rear garden leading from the kitchen provides outside space to relax in too.

    In summary this property presents a real "ready made" rental, generating a significant £24,000 per year ripe for a new landlord to redeem. If you like the sound of those figures then we look forward to hearing from you to arrange your viewing.

    Fully tenanted HMO
    10% gross yield on offer
    Currently securing £2000 pcm
    4 x double bedrooms
    Fully compliant with rental regulations

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    More information

    • Tenure

      Freehold

    • Council tax band

      D

    See all recent sales in CT17

    Property descriptions and related information displayed on this page are marketing materials provided by - Geering & Colyer - Dover Sales. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Geering & Colyer - Dover Sales for full details and further information.