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High Street, Sheerness, ME12 1UW

PROPERTY TYPE

Flat

BEDROOMS

1

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • One Bedroom First Floor apartment with a Tenant in Situ paying £850 Per month
  • Being SOLD with the tenant in Situ that is a 12.75% Yield.
  • Great investment look at the Rent against the price you wont get that sort of investment in interest
  • Town Centre location right beside the historic Windmill
  • Right ontop of the High Street near a Co-Op takeaways and a Wetherspoons up the road
  • Allocated Parking Space behind the Flats
  • Walking distance to the Railway station so great for tenants who need to ciommute
  • Absolutely nothing to do inside great tenants already in occupation
  • Up the road from the award winning Blue Flag Beach
  • QUOTE PA1009

Description

This one-bedroom first-floor apartment, located in the heart of Sheerness, presents an excellent investment opportunity with a tenant already in situ, generating £850 per month. 

Situated in Portland House, the apartment benefits from a secure entrance system and a prime town centre location, right beside the historic Windmill. The High Street amenities, including shops, cafés, and local services, are literally on your doorstep, ensuring everyday convenience. Furthermore, the award-winning beach is just a short walk away, perfect for leisurely strolls and fresh sea air.

Inside, the layout features a comfortable reception room, a fitted kitchen area, and a well-proportioned bedroom, providing a peaceful retreat. The first-floor position offers a pleasant outlook and easy access.

A significant advantage for this central location is the inclusion of an allocated parking space located behind the flats, a rare and highly convenient feature on the High Street. The property's proximity to the railway station means excellent transport links are also within easy walking distance.

For investors, the current rental income of £850 per month offers an attractive return. 

 Quote PA1009 for enquiries.

Brochures

Brochure 1
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Allocated
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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High Street, Sheerness, ME12 1UW

Approximate location

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Affordability

Monthly repayments£402
Property: £ 80,000
Deposit: £ 8,000
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Renovation potential
Recently sold & under offer
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About eXp UK, South East

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Disclaimer - Property reference S1783039. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by eXp UK, South East. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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