Commercial property

Station Road

Herne Bay
£600,000 Exceptional Investment Opportunity: Fully Tenanted Block of Flats on Station Road, Herne Bay.

Zest Homes is proud to present a remarkable investment opportunity on Station Road, Herne Bay. This well-maintained building, managed by Zest Homes for many years, accommodates eight flats spread over four floors, offering a mix of one-bedroom, studio, and two-bedroom units. The property includes both front and rear gardens, providing a pleasant living environment for tenants.

Key Features
Eight Flats: Comprising three one-bedroom flats, four studio flats, and one two-bedroom flat.
Fully Tenanted: All units are currently let on Assured Shorthold Tenancies (ASTs).
Consistent Rental Income: All tenants pay their rent on time, ensuring a reliable income stream.
Annual Yield: The property offers a robust annual yield of approximately 9%, making it an attractive investment.
Freehold Title: The building holds an absolute freehold title with no individual leases on the flats.
Current Certifications: All EPCs, gas certificates, and Electrical Installation Condition Reports (EICRs) are up-to-date and compliant.

For more detailed information or to arrange a viewing, please contact our team at Zest Homes. We are here to answer any questions and provide further details to help you make an informed investment decision. 5 8 View

 
 

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