Summary - 65, HIGH STREET CT11 9RJ
3 bed 1 bath Commercial Property
**Standout Features:**
- Prime High Street Location with substantial foot traffic
- Mixed-use property: 3 residential flats and ground-level commercial space
- Existing income potential from letted flats
- Large basement area for additional storage or business use
- Affordable council tax and half-price business rates
**Potential Concerns:**
- High crime rate in the area
- Broadband speeds reported as very slow
- Properties located in a relatively deprived locality
This mixed-use investment opportunity in a vibrant Ramsgate high street presents a unique chance for both seasoned investors and first-time buyers looking for rental potential. The property comprises three flats: a spacious 3-bedroom unit, a cozy 1-bedroom flat, and a 2-bedroom flat—perfect for generating rental income. Below lies commercial shop space, harnessing the locale’s high foot traffic.
The generous corner plot includes a sizable basement, offering versatility for further expansion or storage. While there's a modest outdoor patio area suitable for small gatherings, be mindful of the surrounding high crime rate and very slow broadband connection, which may impact long-term rental desirability.
With competitive pricing at £600,000 for the full block and a chance to acquire additional land for £100,000, this unique investment is sure to attract interest. Don’t miss out—properties like this in urban settings with such potential rarely stay on the market for long!
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