Kings Road, Herne Bay Studio for sale

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Kings Road, Herne Bay Studio for sale

Kings Road, Herne Bay
£110,000

Our Summary

  • Great Investment Opportunity

Description

Zest Homes presents a modern studio flat on the first floor, currently let for £695 per calendar month, generating a 9% yield. The property features a combined living and bedroom area, a separate kitchen, and a modern shower room. The leasehold is 999 years from September 2022, with no ground rent payable, and the buyer will receive the share of freehold upon completion. The company responsible for building insurance contributions is being transferred to all leaseholders, allowing the new owner to discuss and contribute to the reserve fund.