- Attractive rental yield of 9.53%
- Five self-contained residential flats
- Three one-bedroom apartments
- Accommodation arranged over four floors
- All five flats currently tenanted
- Assured Periodic Tenancies in place
- Established rental income from completion
- Properties understood to be compliant with letting regulations
- Excellent addition to an existing investment portfolio
- Walking distance to Herne Bay railway station
EXCELLENT INVESTMENT OPPORTUNITY – FIVE SELF-CONTAINED FLATS – 9.53% RENTAL YIELD – AVENUE ROAD, HERNE BAY
Zest Homes Sales & Lettings are delighted to offer this substantial residential investment opportunity, ideally positioned on Avenue Road, Herne Bay, just a short walk from the town centre, seafront, beach and mainline railway station. Offering an attractive rental yield of 9.53%, this fully tenanted property represents an excellent opportunity for investors seeking an established income-generating asset.
Arranged over four floors, this impressive building comprises five self-contained residential flats, consisting of three one-bedroom apartments and two two-bedroom apartments, providing a desirable mix of accommodation within a popular coastal location.
All five flats are currently occupied under Assured Periodic Tenancies, offering purchasers the benefit of an established rental income from the outset. The properties are understood to be compliant with the relevant residential letting requirements, providing additional reassurance to prospective investors.
A fantastic opportunity to acquire a ready-made residential investment in a desirable and well-connected coastal location.
Further information regarding rental income, tenancy arrangements and compliance documentation is available upon request.
CALL ZEST HOMES SALES & LETTINGS TODAY TO ARRANGE YOUR VIEWING!
Tenure: Freehold -
EPC Ratings -
Council Band A (For all flats) -
Solicitors' Verification and Due Diligence -
Location -
