Build-to-Rent in Hernhill available for sale
4

Block of Flats for Sale near the Hernhill, Faversham

Block of Flats for Sale Within 10 miles of the Hernhill, Faversham

More details for 66 New Dover Rd, Canterbury - Build-to-Rent for Sale

Franklin House - 66 New Dover Rd

Canterbury, CT1 3DT

  • Build-to-Rent for Sale
  • £6,375,000
  • 14,789 sq ft
  • Kitchen

Canterbury Build-to-Rent for Sale

Franklin House presents a rare opportunity to acquire a prime, income-producing student accommodation asset in the heart of Canterbury, one of the UK’s most prestigious educational hubs. Constructed in 2019, this modern five-storey property offers 66 high-quality beds arranged across 48 bedrooms, including two wardens’ flats, complemented by a common room and passenger lift. Designed with future adaptability in mind, the building incorporates internal fire compartmental walls and multiple risers, ensuring flexibility for alternative uses. Strategically positioned on New Dover Road, a key arterial route within the city’s Conservation Area, Franklin House benefits from direct pedestrian access to Worthgate School and proximity to leading institutions such as the University of Kent, Canterbury Christ Church University, and the University for the Creative Arts. The surrounding area is affluent and vibrant, with excellent transport links via Canterbury East and Canterbury West stations, offering direct services to London in under 75 minutes. The property is fully let to Cambridge Arts & Sciences Ltd, part of CATS Global Schools, under a 25-year FRI lease expiring in October 2044, guaranteed by Bright Scholar Education Holdings Ltd. The lease includes annual RPI-linked rent reviews (collared at 2% and capped at 5%), with rent increasing to £408,087 per annum from October 2024. At the guide price of £6,375,000, this investment offers a compelling net initial yield of 6.00%, underpinned by strong covenant strength and long-term income security.

Contact:

Fisher German LLP

Property Subtype:

Apartment

Date on Market:

26/11/2025

Hide
See More
More details for Student Accommodation Sale – Build-to-Rent for Sale, Canterbury

Student Accommodation Sale

  • Build-to-Rent for Sale
  • £6,450,000
  • 15,069 sq ft
  • 2 Build-to-Rent Properties

Canterbury Portfolio of properties for Sale

Archbishop's, 57/57A New Dover Road: Location and Situation: 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. Tenancy: Let on assignment to Cambridge Arts & Sciences Limited with Cambridge Education Group Limited acting as guarantor, for a term of 15 years expiring 31st August 2033. The current rent is £262,082 per annum, which is reviewed annually on 1st September based on the RPI index, with a collar and cap of 2%-5%. The latest increase was based on the index released in June. The lease is drawn on an internal repairing and insuring basis. Tenure: This property is held on two freehold titles. Ersham Lodge, 12 New Dover Road: Location and Situation: 12 New Dover Road is situated approximately 0.4 miles from the city and is on the west side of the road and is adjacent to the New Dover Road Surgery. New Dover Road comprises a mix of residential and student accommodation together with educational facilities, with this accommodation associated with Worthgate School campus. The nearby Worthgate School campus provides the main teaching facility of the school and comprises of laboratory space, classrooms as well as staff room, library and administrative office space. Description: Ersham Lodge was previously used as an B&B Guesthouse and has undergone a comprehensive redevelopment to provide modern student accommodation. The property is arranged over the ground, first and second floors and extends to an approximate total of 8,966 sq ft. Tenancy: Let on assignment to Cambridge Arts & Sciences Limited with Cambridge Education Group Limited acting as guarantor, for a term of 15 years expiring 27th February 2034. The current rent is £223,266 per annum, which is reviewed annually on the 28th February, based on the RPI index, with a collar and cap of 2%-5%. The lease is drawn on an internal and insuring basis. Tenure: This property is held on one freehold title. *Vendor willing to sell separately*

Contact:

Fisher German LLP

Date on Market:

31/01/2025

Hide
See More
More details for 57-57A New Dover Rd, Canterbury - Build-to-Rent for Sale

Student Accommodation - 57-57A New Dover Rd

Canterbury, CT1 3DP

  • Build-to-Rent for Sale
  • £3,450,000
  • 6,103 sq ft
See More
More details for 12 New Dover Rd, Canterbury - Build-to-Rent for Sale

Student Accommodation - 12 New Dover Rd

Canterbury, CT1 3AP

  • Build-to-Rent for Sale
  • £3,000,000
  • 8,966 sq ft
See More

FAQs about Hernhill Block of Flats For Sale

Learn More
How many Block of Flats listings are available for sale in Hernhill?
There are currently 0 Block of Flats on the market in and around Hernhill.
How much does it cost to buy Block of Flats in Hernhill?
Asking prices in Hernhill range based on market conditions.

Discover More Block of Flats for Sale in the Hernhill, Faversham

LoopNet - the worlds No. 1 commercial property marketplace.