- Leasehold
- Basement Studio Flat With Own entrance
- Ideal Investment Opportunity
- Current Rental £6,600 Per Annum
- Central Location
- Current Lease In The Process Of Being Extended
- Updated To A Modern Standard
- Auction Closing Date 02 November 2022
- CALL TO VIEW
**FOR SALE BY AUCTION CLIVE EMSON**
This recently refurbished studio flat is conveniently located on Herne Bay's High Street, with local amenities and the seafront on your door step. The flat is situated on the basement level and benefits from its own entrance accessed via the rear, on Dolphin Street. Accommodation comprises open plan living/bedroom area with door leading to a shower room.
The property is currently Let on an assured shorthold tenancy, generating a rental income of £550 PCM (£6,600 per annum). We understand the current owner is securing a new lease extension of 125 years , taking the total to 158 years.
Council Tax Band A
Residential EPC: D
For further information relating to fees and the auction process please click the link below which will take you to Clive Emerson's website:-
https://www.cliveemson.co.uk/properties/237/155/