£70,000

High Street, Herne Bay

Added 22nd January
For sale
£70,000
0
bedrooms
1
bathrooms
  • Situated In High Street
  • Walking Distance To Town & Beach
  • Studio Apartment
  • Open Plan Living/Bedroom
  • Council Tax band A
  • Walking Distance To Station
  • Open Kitchen
  • EPC Rating E
  • Shower Room
  • Call To View!

CASH BUYERS ONLY – INVESTOR OPPORTUNITY – OFFERS OVER £70,000

A rare opportunity to acquire a high-yield investment property in the heart of Herne Bay, Kent. This well-presented studio flat, situated within the same central building on the bustling High Street, is ideally positioned to benefit from strong rental demand due to its close proximity to shops, cafés, the seafront, and excellent transport links.

The property is offered on a leasehold basis with approximately 62 years remaining on the lease, making it strictly suitable for cash buyers only. The projected rental income of around £675 per calendar month provides an estimated gross yield of approximately 10%, presenting an attractive opportunity for investors seeking strong returns.

Property charges are competitive and include ground rent of £100.00, buildings insurance contribution of £80.97, and a current service charge demand of £167.87, all covering the period from 1st May 2025 to 30th April 2026.

This is a strong investment proposition in a sought-after coastal town, offering immediate income potential and longer-term asset management opportunities for experienced investors.

CASH BUYERS ONLY. Viewings strictly by appointment.

Bathroom - 1.514 x 1.388 (4'11" x 4'6")

Kitchen - 1.309 x 2.002 (4'3" x 6'6")

Living/ Bed - 3.314 x 4.851 (10'10" x 15'10")

Council Tax band A -

EPC Rating E -

Agents Notes -

Lease Information -

Floorplan Clause -

Contact Michelle today to book a viewing.
 
01227 949291

Book a viewing