Studio flat for sale

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Studio flat for sale

Kings Road, Herne Bay CT6
£110,000

Price History

Initial price £120,000
06/11/24 £110,000
Price Change -8.33%

Description

Zest Homes presents a compact, modern studio flat on the first floor, currently rented for £695 per calendar month, yielding 9%. The property features a combined living and bedroom area, a separate kitchen space, and a modern shower room. With a 999-year lease starting from September 2022, no ground rent is payable, and the buyer will gain shared freehold ownership upon completion, allowing for discussion on building insurance contributions and creation of a reserve with other leaseholders.