Avenue Road, Herne Bay
- PROPERTY TYPE
Terraced
- BEDROOMS
7
- BATHROOMS
5
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Attractive rental yield of 9.53%
- Five self-contained residential flats
- Three one-bedroom apartments
- Accommodation arranged over four floors
- All five flats currently tenanted
- Assured Periodic Tenancies in place
- Established rental income from completion
- Properties understood to be compliant with letting regulations
- Excellent addition to an existing investment portfolio
- Walking distance to Herne Bay railway station
Description
Zest Homes Sales & Lettings are delighted to offer this substantial residential investment opportunity, ideally positioned on Avenue Road, Herne Bay, just a short walk from the town centre, seafront, beach and mainline railway station. Offering an attractive rental yield of 9.53%, this fully tenanted property represents an excellent opportunity for investors seeking an established income-generating asset.
Arranged over four floors, this impressive building comprises five self-contained residential flats, consisting of three one-bedroom apartments and two two-bedroom apartments, providing a desirable mix of accommodation within a popular coastal location.
All five flats are currently occupied under Assured Periodic Tenancies, offering purchasers the benefit of an established rental income from the outset. The properties are understood to be compliant with the relevant residential letting requirements, providing additional reassurance to prospective investors.
A fantastic opportunity to acquire a ready-made residential investment in a desirable and well-connected coastal location.
Further information regarding rental income, tenancy arrangements and compliance documentation is available upon request.
CALL ZEST HOMES SALES & LETTINGS TODAY TO ARRANGE YOUR VIEWING!
Tenure: Freehold -
Epc Ratings - Flat 1, 20, Avenue Road, HERNE BAY, CT6 8TBD
Flat 1a, 20 Avenue Road, HERNE BAY, CT6 8TBC
Flat 2, 20 Avenue Road, HERNE BAY, CT6 8TBC
Flat 3, 20, Avenue Road, HERNE BAY, CT6 8TBC
Flat 4, 20, Avenue Road, HERNE BAY, CT6 8TBC
Council Band A (For All Flats) -
Solicitors' Verification And Due Diligence - Prospective purchasers are advised to instruct their solicitors to undertake full due diligence and ensure that all relevant documentation relating to the property and its five individual flats is obtained, reviewed and verified prior to exchange of contracts. This should include, but is not limited to, tenancy agreements, rent schedules, deposit protection documentation, relevant licences (where applicable), Gas Safety Certificates, Electrical Installation Condition Reports (EICRs), Energy Performance Certificates (EPCs), fire safety documentation, planning permissions, building regulations approvals and any other statutory compliance records.
Purchasers' solicitors should also verify the current tenancy arrangements, rental income, legal status of each flat and any obligations associated with ownership and management of the building.
**Zest Homes Sales & Lettings makes no warranty as to the completeness or accuracy of documentation supplied, and purchasers must rely upon their own legal advisers and professional investigations before proceeding with the purchase.**
Location - Situated on the popular Avenue Road in Herne Bay, the property enjoys a highly convenient position within easy walking distance of the vibrant town centre, with its selection of independent shops, cafés, restaurants and everyday amenities.
Herne Bay's beautiful seafront, promenade and beach are also just a short stroll away, while the mainline railway station provides convenient connections towards London and neighbouring coastal towns. This sought-after location continues to appeal to tenants seeking the convenience of town-centre living combined with the benefits of a coastal lifestyle.
Brochures
Avenue Road, Herne BayBrochure- 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.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
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Visit our security centre to find out moreDisclaimer - Property reference 34990612. 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 Zest Homes, Kent. 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.