Summary - SECOND FLOOR FLAT, 93, HIGH STREET CT21 5JH
1 bed 1 bath Shop
**Standout Features:**
- Grade II Listed Building in a prime High Street location
- Mixed-use property with two retail units, two 2-bedroom flats, and two garages
- Currently rented with a total annual income of £22,980, generating a 6.57% yield
- Prominent historic architectural details and excellent foot traffic
- Close proximity to multiple retailers and local amenities
**Summary:**
Discover this exceptional investment opportunity situated on the vibrant High Street in Hythe. This Grade II Listed property includes two retail units, two well-maintained 2-bedroom flats, and two garages, all under one roof. The shops, with spacious interiors boasting LED lighting, benefit from high visibility and foot traffic thanks to their location amidst popular retailers like WH Smith’s and Boots.
The flats, both equipped with gas central heating, are designed for comfort, providing a welcoming living space for tenants. This investment is currently occupied, yielding an impressive £22,980 per annum, making it a lucrative prospect with a 6.57% yield. Facing minor renovation restrictions due to its listed status, the property presents an ideal chance for investors seeking stable income with potential appreciation over time in a picturesque town known for its charm.
**Additional Considerations:**
While the building's multiple usages promise diverse income streams, potential buyers should note ongoing tenant occupancy, limiting immediate vacant possession. Future opportunities for renovations or extensions may be restricted due to the property’s historic designation. Take advantage of this rare opportunity in Hythe — a charming community rich in history and local amenities. Act fast, as this offering is sure to attract interest!
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