2 Bed Terraced House For Sale High Street, Herne Bay, CT6

£265,000- Terraced

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Last Updated: 23rd May 2024

Description

FREEHOLD INVESTMENT PROPERTY - GROUND FLOOR SHOP WITH TWO BEDROOM SPLIT LEVEL APARTMENT ABOVE.\r
Located in Herne Bay High Street, this shop with apartment above represents a great investment opportunity. Both currently tenanted, the shop has a tenant until October 2027 paying a rent of £6500 per annum. The split level apartment above has two bedrooms, lounge/diner, kitchen, bathroom and small outside area. This too is tenanted on an AST with a rent of £845 per calendar month, so providing a combined gross yield in the region of 6.28%.\r
Call Woodward & Bishopp for more information.
Agent Details
Woodward & Bishopp
126 High Street, Herne Bay, CT6 5JY

Investment Analysis

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Calculators

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested