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High Street, Herne Bay Studio for sale
High Street, Herne Bay CT6
£80,000
High Street, Herne Bay CT6
£80,000
Our Summary
- Whether you’re building your portfolio or seeking a first investment, this turnkey property offers immediate income potential in a sought-after coastal town
Description
This studio flat in Herne Bay, Kent, offers a rare investment opportunity with a projected rental income of £675 per month and a gross yield of approximately 10%. The property is located on the bustling High Street, close to shops, cafes, and transport links, making it an attractive spot for tenants. The flat is available with a new 125-year lease, which will be granted on completion, and comes with a range of charges including ground rent, buildings insurance, and service charges. With a current lease of 66 years, this property presents a turnkey investment opportunity with immediate income potential in a sought-after coastal town.