• Fantastic investment
  • High Street Position
  • 200 Yards to the Beach
  • £24,600 p.a. income
  • 4 separate apartments
  • Freehold Property
  • Close to local Shops
  • Short walk to Train Station
  • Potential to increase
  • Potential to improve

Full Description

Appleton are pleased to offer this extensive freehold block investment situated on the High Street of Herne Bay.The property comprises 3 flats and ground floor shop unit (1 flat let on a long lease of 999 years + and the shop on a 125 yr lease with 115 yrs remaining, current maintenance of £350 p.a. and shop paying 1/6th insurance and repair fees)The remaining 3 units comprise of 2 x ground floor apartments, 1 bedroom first floor apartment with roof garden.Currently Producing 186,00 with potential to increase + shop and top flat maintenance payments giving a very healthy 6.8% return on your investment.Accompanied viewings with Appleton 01843 230657

Flat c (56.19 (184'4"))
1st floor front facing apartment with attractive period arched windows to front and lovely south facing roof garden.
Lounge 4.20m x 3.60m
bedroom 4.20m x 2.47m
shower rm 2.99m x 2.18m
kitchen 3.60m x 2.72m

flat f (49.786 (163'4"))
bedroom 4.21m x 3.19m
kitchen . 2.44m x 3.41m
bathroom . 2.79mx 2.10m
cellar 3.52m x 4.23m

flat B (53.5 (175'6"))
Lounge 4.20m x 3.60m
bedroom 3.11m x 2.47m
shower rm 2.99m x 2.18m
kitchen 3.60m x 2.72m

flat E
Lounge 3.55m x 3.04m
bedroom 2.72m x 2.61m
kitchen 3.04m x 1.55m
bathroom 1.52m x 1.48m

Please contact us on YOUR BRANCH TEL if you wish to arrange a viewing appointment for this property, or require further information.

Appleton endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.

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