Investment Property with 2 Flats in Kent For Sale

Occupying a corner position, residential area, Kent.

Price £430,000

Features

Freehold Investment Property with Retail Shop and 2 Flats

TOTAL RENTAL INCOME IS £2,500 PCM

DOUBLE FRONTED RETAIL PREMISES & REAR APARTMENT

The apartment comes with Gas Fired Central Heating, Double-glazed windows
1 Large bedroom.
Sitting room
Kitchen.
Bathroom with bath, w.c. and wash hand basin.

WE HAVE BEEN INFORMED BY THE LANDLORD that the apartment & retail shop are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2025 with reviews every 3 years (next review 2028) at a current rent of £14,400 p.a.

In addition there is a garage proving a rental income of £200 per month

Accommodation

ADDITIONAL FIRST FLOOR FLAT with Gas Fired Central Heating, Double-glazed windows, at present let on a shorthold tenancy providing a rental income of £1,000 per month . The accommodation comprises:

2 Bedrooms (1 double, 1 Single).
Lounge.
Kitchen.
Bathroom with bath, w.c. and wash hand basin.

Outside

Double garage

Tenure

FREEHOLD INVESTMENT PROPERTY

Price

THE VALUABLE FREEHOLD INVESTMENT PROPERTY, £430,000
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 301,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote