Two ready-to-let apartments with parking and loft potential for income growth.
- Freehold end-of-terrace, built 2009, newly renovated throughout
- Currently two modern two-bedroom apartments, turnkey for letting
- Achievable yield circa 7% (advertised figure)
- Allocated off-street parking for two cars
- Loft space with extension/penthouse potential (STPP)
- Small overall size; total approx. 1,128 sq ft
- Area records above-average crime; may affect insurance/tenants
- Broadband fast and mobile signal excellent
A compact freehold end-of-terrace in central Herne Bay, built in 2009 and newly renovated, currently arranged as two modern two-bedroom apartments. Both units are professionally decorated and presented to a high standard, offering immediate rental income with an advertised achievable yield of circa 7%. The property includes two allocated off-street parking spaces — a useful city-centre convenience.
There is loft space with scope to extend (subject to planning permission), offering potential to increase floor area or add a penthouse apartment. Services are conventional — mains gas boiler and radiators, double glazing and cavity wall insulation — so ongoing running costs are typical for a modern build. Broadband speeds are fast and mobile signal is excellent, supporting tenant demand.
Buyers should note the property is small in overall size and sits in an area with above-average recorded crime, which may affect tenant profiles and insurance costs. Any loft conversion would require a successful planning application. The building is freehold and move-in ready as an investment, but purchasers should carry out their own checks on rental values, maintenance forecasts and local letting demand before committing.
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