2 bedroom flat

Canterbury Road, Birchington CT7 9AH

Size: 56 sqm

Purchase price

£195,000

Size: 56 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £9,540
Service charge £400
Net income £9,140
Gross yield 4.89%
Net yield 4.69%

**NEWLY COMPLETED INVESTMENT OPPORTUNITY WITH A 4.69% NET YIELD!** A stunning 2-bedroom apartment with parking in the beautiful seaside village of Birchington.


This stunning apartment is located on the 3rd floor of the newly completed Lavina Court development. Offered unfurnished, this apartment has a bright and neutral decor throughout and comprises of a spacious living and dining area; a modern fitted kitchen with plenty of storage space; 2 double bedrooms; and a bathroom complete with 3-piece suite. Residents of Lavina Court also benefit from an allocated parking space and secure entry system.

Lavina Court is located in the beautiful seaside village of Birchington. Birchington’s high street is on the doorstep of Lavina Court, offering shops, bars, restaurants and cafes. There are also 3 bays within walking distance of this development, giving residents a variety of sandy beaches, watersports and picturesque coastal views. Margate is only a short drive away from Birchington, offering plenty of amenities to enjoy such as the Turner Contemporary art gallery, Dreamland - a renovated retro theme park, the Winter Gardens and the Shell Grotto - a mysterious, shell-lined tunnel network.

Reasons to invest:
- The residential property market in seaside towns is strong due to high demand from people buying holiday homes or simply wanting to live by the coast.
- House prices in Birchington have increased by 19.09% in the last 5 years (Zoopla, September 2019).
- Manston Airport is due to reopen, creating more jobs for the area and increasing tourism.

Interested in this property? Enquire today for more information

Key features

Key features

4.69% NET yield

Key features

Tenanted for immediate income

Key features

2-bedroom apartment

Key features

Fitted kitchen

Key features

Allocated parking space

Key features

Newly completed development

Key features

Solar powered electricity

Key features

Train station only a 10 minute walk away

Key features

15 minute drive to Margate

Key features

20 minute walk to the coast

**NEWLY COMPLETED INVESTMENT OPPORTUNITY WITH A 4.69% NET YIELD!** A stunning 2-bedroom apartment with parking in the beautiful seaside village of Birchington. More info...

This stunning apartment is located on the 3rd floor of the newly completed Lavina Court development. Offered unfurnished, this apartment has a bright and neutral decor throughout and comprises of a spacious living and dining area; a modern fitted kitchen with plenty of storage space; 2 double bedrooms; and a bathroom complete with 3-piece suite. Residents of Lavina Court also benefit from an allocated parking space and secure entry system.

Lavina Court is located in the beautiful seaside village of Birchington. Birchington’s high street is on the doorstep of Lavina Court, offering shops, bars, restaurants and cafes. There are also 3 bays within walking distance of this development, giving residents a variety of sandy beaches, watersports and picturesque coastal views. Margate is only a short drive away from Birchington, offering plenty of amenities to enjoy such as the Turner Contemporary art gallery, Dreamland - a renovated retro theme park, the Winter Gardens and the Shell Grotto - a mysterious, shell-lined tunnel network.

Reasons to invest:
- The residential property market in seaside towns is strong due to high demand from people buying holiday homes or simply wanting to live by the coast.
- House prices in Birchington have increased by 19.09% in the last 5 years (Zoopla, September 2019).
- Manston Airport is due to reopen, creating more jobs for the area and increasing tourism.

  • Key features
    Tick Desktop 4.69% NET yield
    Tick Desktop Tenanted for immediate income
    Tick Desktop 2-bedroom apartment
    Tick Desktop Fitted kitchen
    Tick Desktop Allocated parking space
    Tick Desktop Newly completed development
    Tick Desktop Solar powered electricity
    Tick Desktop Train station only a 10 minute walk away
    Tick Desktop 15 minute drive to Margate
    Tick Desktop 20 minute walk to the coast
  • LocationLocation
  • EPCEPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £9,540
Service charge £400
Net income £9,140
Gross yield 4.89%
Net yield 4.69%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.