Initial price	£640,000
08/10/24	£545,000
Price Change	-14.84%

Miles and Barr Commercial is pleased to present a seven-unit HMO business located on Central Parade in Herne Bay, offering spectacular sea views and a total floor area of 237 Sqm. The property consists of seven separate flats, with flats 1, 4, 5, 6, and 7 being self-contained, while flats 2 and 3 share communal WC's and bathrooms. The flats are currently let at the following rents, including rent and gas, and are managed by Miles and Barr Property management. The property is situated in a popular coastal town with a range of local amenities, including retail outlets, educational facilities, and leisure amenities. The town also has good transportation links, with a mainline railway station approximately one mile distant, offering fast and frequent links to London and the high-speed service to London St Pancras. The property presents an excellent investment opportunity, with the potential for strong rental yields and capital growth.