Initial price	£615,000
08/10/24	£525,000
Price Change	-14.63%

This seven-unit HMO business on Central Parade in Herne Bay is a fantastic investment opportunity. The property, which spans 185 Sqm, offers spectacular sea views and consists of seven separate flats, each with its own unique character. The flats are currently let at competitive rents, ranging from £450 to £825 per month, and are managed by Miles and Barr Property Management. The property is located in a popular coastal town with a range of local amenities, including retail outlets, educational facilities, and leisure activities. Herne Bay is also conveniently situated near the mainline railway station, which offers fast and frequent links to London, as well as the A299 and A2/M2 motorway network. The nearby town of Whitstable is also worth mentioning, with its picturesque harbor, sailing and water sports, and renowned seafood restaurants. The city of Canterbury is approximately eight miles away, offering a range of shopping, educational, and cultural amenities.