Student Accommodation | 57-57A New Dover Rd
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Student Accommodation 57-57A New Dover Rd
42 Unit Dormitory $4,338,030 ($103,286/Unit) 7.60% Cap Rate Canterbury CT1 3DP
INVESTMENT HIGHLIGHTS
- Great local amenities
- Short walk to Canterbury East Station
- Near Canterbury City Centre
EXECUTIVE SUMMARY
57/57a New Dover Road is situated 0.5 miles from the city centre on the east side of the road. New Dover Road comprises a mix of residential and student accommodation together with educational facilities, alongside accommodation associated with Worthgate School.
The nearby Worthgate School campus provides the main teaching facility of the school and comprises of laboratory space, central canteen, classrooms as well as staff room, library and administrative office space.
Description:
Archbishop's consists of student accommodation; part heritage building and part new-build extension in 2019. These two parts being 57 and 57a Archbishop's. 57 is arranged over the lower ground, ground, first and second floor and extends to 6,103 sq ft. 57a is arranged over the lower ground, upper ground and first floor and extends to 3,030 sq ft.
The nearby Worthgate School campus provides the main teaching facility of the school and comprises of laboratory space, central canteen, classrooms as well as staff room, library and administrative office space.
Description:
Archbishop's consists of student accommodation; part heritage building and part new-build extension in 2019. These two parts being 57 and 57a Archbishop's. 57 is arranged over the lower ground, ground, first and second floor and extends to 6,103 sq ft. 57a is arranged over the lower ground, upper ground and first floor and extends to 3,030 sq ft.
PROPERTY FACTS
| Price | $4,338,030 | Property Subtype | Dormitory |
| Price Per Unit | $103,286 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.31 AC |
| Cap Rate | 7.60% | Building Size | 6,103 SF |
| Tenure | Freehold | No. Stories | 4 |
| No. Units | 42 | Year Built | 1890 |
| Property Type | Multifamily | Tenancy | Single |
| Price | $4,338,030 |
| Price Per Unit | $103,286 |
| Sale Type | Investment |
| Cap Rate | 7.60% |
| Tenure | Freehold |
| No. Units | 42 |
| Property Type | Multifamily |
| Property Subtype | Dormitory |
| Building Class | B |
| Lot Size | 0.31 AC |
| Building Size | 6,103 SF |
| No. Stories | 4 |
| Year Built | 1890 |
| Tenancy | Single |
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Student Accommodation | 57-57A New Dover Rd
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