Shop and 3 flats High street, Sheerness ME12 1UN
- PROPERTY TYPE
Mixed Use
- BEDROOMS
3
- BATHROOMS
3
- SIZE
Ask agent
Key features
- Freehold investment Three spacious two-bedroom flats plus a ground floor retail shop
- All units sold with tenants in situ – immediate rental income from day one
- Ground floor shop secured on a lease until July 2030 (review July 2025
- Current total rental income approx. £21,300 per annum
- Potential to increase income to around £31,800 per annum with rent adjustments
- Freehold property ideal for buy-to-let investors or portfolio growth
- Prime Sheerness location for renters as close to shops, transport, and amenities
- Photos are a guide taken by the seller and are of Flat 1
- Strong long-term investment with low void risk and capital growth potential
- Quote PA1009 When ringing in
Description
This fully-tenanted freehold investment offers three well-sized two-bedroom flats and a ground floor commercial unit in a prime Sheerness location. A rare chance to purchase a ready-made, income-generating property from day one.
The current rent roll stands at around £21,300 annually, with excellent scope to increase to approximately £31,800 through strategic rent reviews. The retail unit benefits from a secure lease until July 2030 with a rent review due in 2025.
Each flat offers generous living space and is currently occupied, making this a low-void, immediate-income purchase. Positioned in the town centre, it’s ideally located for both residential tenants and the commercial occupant.
Please note: Viewings must be arranged in advance as the property is sold with tenants in situ. This ensures minimal disturbance to the residents and business in place.
Please quote PA1009 when enquiring.
Heres the breakdown:-
3 x two-bed flats plus a ground floor shop — all currently rented and sold with tenants in situ!
High Street, Sheerness
Freehold included
Ideal buy-to-let portfolio addition
Current Rent Breakdown (per month):
Flat 1 – £600
Flat 2 – £500
Flat 3 – £425
Shop – £400 (£4,800 per annum, lease until July 2030, review July 2025)
Current Annual Total: £21,300
Current Gross Yield: 6.55%
Potential Rent Example (per month):
Flat 1 – £800
Flat 2 – £750
Flat 3 – £750
Shop – £400 (£4,800 per annum)
Potential Annual Total: £31,800
Potential Gross Yield: 9.78%
With the right rent adjustments, this could deliver a near 10% yield — an exceptional return for savvy investors.
Now available to view – book your appointment today!
Shop and 3 flats High street, Sheerness ME12 1UN
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Sheerness-on-Sea Station0.4 miles
- Queenborough Station1.6 miles
- Swale Station3.4 miles
Notes
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