High Street, Herne Bay, Kent 2 bed terraced house for sale

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High Street, Herne Bay, Kent 2 bed terraced house for sale

High Street, Herne Bay, Kent
£225,000

Price History

Initial price £300,000
24/05/24 £265,000
11/09/24 £245,000
15/08/25 £225,000
Price Change -25.00%

Description

This freehold investment property in Herne Bay High Street offers a unique opportunity to own a ground floor shop with a two-bedroom split level apartment above. The shop is currently tenanted until October 2027, paying £6,500 per annum, while the apartment above is tenanted on an AST with a rent of £845 per month. This provides a combined gross yield of around 6.28%, making it an attractive investment opportunity. The property is situated in a prime location on the high street, offering potential for future development or renovation.