Two-bedroom auction opportunity in central Herne Bay, ripe for refurbishment.
Two bedrooms with small private garden at lower-ground level
Split-level layout across ground and lower-ground floors, flexible rooms
Requires full refurbishment; electrical and heating upgrades likely
Leasehold with 998 years remaining — low tenure risk
Sold by Modern Method of Auction; reservation and buyer fees apply
Medium flood risk; consider insurance and mitigation costs
High local crime rate may affect lettability and insurance premiums
No off-street parking; town-centre location with high footfall
A split-level ground-floor flat on Herne Bay High Street offered at auction, presenting clear scope for improvement and rental or resale upside. Arranged over ground and lower-ground levels, the two-bedroom layout and small garden give useful flexibility for refurbishment or reconfiguration. The long lease (998 years) reduces tenure risk for investors and buyers seeking a durable asset.
This property requires renovation throughout: expect cosmetic and potentially mechanical upgrades, with electric room heaters, suspected uninsulated solid walls, and double glazing of unknown age. Flood risk is medium and the immediate High Street location means higher footfall and limited privacy; crime levels in the area are reported as very high, which may affect lettability and insurance costs.
Sold by the Modern Method of Auction. A Buyer Information Pack and a non-refundable Reservation Fee (4.5% of the purchase price, minimum £7,080) apply, plus a fee for the pack and other optional services. The property is leasehold and will be subject to auction reserve and buyer fees — bidders should factor these costs into affordability and financing plans.
For buyers comfortable with a project, the location benefits from fast broadband, excellent mobile signal, nearby rail links to London, local amenities and seaside attractions. The flat suits investors seeking a town-centre buy-to-let or purchasers prepared to refurbish for improved capital value and rental income.
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