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Kings Road, Herne Bay Studio for sale
Kings Road, Herne Bay
£110,000
Kings Road, Herne Bay
£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 let for £695 per calendar month, generating a 9% yield. The property features a combined living/bedroom area, a separate kitchen space, and a modern shower room. The flat is part of a freehold property with a 999-year lease from September 1, 2022, and no ground rent payable. Upon completion, the buyer will take over the share of freehold and have the opportunity to discuss building insurance contributions and creating a reserve with other leaseholders.