St. Alphege Lane, Canterbury Guide £600,000

A handsome Grade II listed substantial double fronted period building currently divided into four residential flats, all let on Assured Shorthold Tenancy Agreements, situated in the heart of Canterbury City centre. On the ground floor is a substantial flat with versatile accommodation and large rooms which can be configured to provide one or two bedrooms as required. The flat also enjoys its own private walled courtyard to the rear approx. 22ft5 (6.83m) deep x 21ft2 (6.45m) wide. The first floor flat also provides spacious accommodation incorporating two large double bedrooms. The second floor apartment has flexible accommodation that can be configured as one or two bedrooms as required, the principal bedroom with sloping ceilings to the rear. On the top floor is a one bedroom flat which would now benefit from general updating and refitting. The current rental incomes for each flat are as follows: Flat A - £1,000pcm (£12,000pa) Flat B - £875pcm (£10,500pa) Flat C - £975pcm (£11,700pa) Flat D - £500pcm (£6,000pa).

The property is set on St Alphege and is just off Palace Street, part of the Kings Mile area of the City, well known for its colourful variety of independent retailers, restaurants, cafes and bistros. The City centre is a short walk, as are the Cathedral precincts. Canterbury enjoys a wide range of shops and restaurants, leisure facilities and a variety of high quality schools, colleges and universities. The high-speed rail link from Canterbury west station provides services to London St. Pancras in approx. 55mins.

Council tax band: C

Tenure: Freehold