£895,000
(£206.60/sq. ft)
Property for saleThe Old Oast House, Oaten Hill, Canterbury, Kent CT1
4,332 sq. ft
About this property
Unusual city centre freehold opportunity
Potential for substantially increasing rental income.
Current rental income £19,080 per annuum
Suitable for conversion.
The Old Oast House comprises a prominent former square roundel oast house which has been converted to provide a three storey apartment block.
The accommodation provided within the main building, and accessed from Oaten Hill, comprises four self-contained apartments, each with four lettable bedrooms, a lounge and kitchen area, shower room and WC facilities.
On the ground floor to the rear is a studio flat and a one bedroomed flat.
The majority of the building is vacant although the two ground floor flats to the rear are currently let on 12 months AST's at a combined rent of £1,590 per calendar month.
The accommodation provided within the main building, and accessed from Oaten Hill, comprises four self-contained apartments, each with four lettable bedrooms, a lounge and kitchen area, shower room and WC facilities.
On the ground floor to the rear is a studio flat and a one bedroomed flat.
The majority of the building is vacant although the two ground floor flats to the rear are currently let on 12 months AST's at a combined rent of £1,590 per calendar month.
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Monthly repayment
£4,477 per month
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