£1,650,000
Block of flats for sale
Property photos
Just added
Freehold
£1,650,000
Block of flats for sale
High Street, Sheerness ME1215 baths
15 receptions
Local area information
Property location
Nearby amenities
- Sheerness-on-Sea 0.3 miles
- St Edward's Catholic Primary School 0.4 miles
- Rose Street Primary School 0.4 miles
- Queenborough 1.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Sheerness to find out more about the local area.
Features and description
- Freehold
- Super investment opportunity yeilding 8.5%!
- 4 separate properties all fully let
- 10 one bedroom flats and 5 two bedroom flats
- Combined gross yearly rent of £140,000+
- All centrally heated and double glazed
- Modern kitchens
- All properties adjacent to each other
- All tenants on A.S.T.s
- Call Mark for more information, how to view floor plans and EPCs (rated B& C)
- Pictures are just a small selection from each block.
Investors take note!
A compelling opportunity to acquire a high-performing residential investment portfolio in the Outer South East, delivering a robust 8.5% gross yield with immediate, reliable income. The portfolio comprises four separately titled buildings, collectively offering 10 one-bedroom and 5 two-bedroom flats, producing a gross annual income of £140,700 (£11,725 pcm).
Positioned in a region with consistently strong rental demand, the properties were purpose-built or comprehensively refurbished around 20 years ago and have been professionally managed ever since. All units benefit from gas central heating, double glazing, and are maintained in good, lettable condition, ensuring minimal downtime and predictable operating costs.
The portfolio is fully let on Assured Short Hold Tenancies, with several long-standing tenants providing income stability. This is a genuinely turnkey investment with a proven 20-year management track record, now available due to the owner’s retirement.
With four separate titles, investors benefit from enhanced financing flexibility and future break-up value. While the preference is to sell the portfolio as a whole, our client indicates that individual disposals of each block may be considered.
Viewings, strictly by appointment only. For further information and to view floorplans, please contact Mark at the office.
A compelling opportunity to acquire a high-performing residential investment portfolio in the Outer South East, delivering a robust 8.5% gross yield with immediate, reliable income. The portfolio comprises four separately titled buildings, collectively offering 10 one-bedroom and 5 two-bedroom flats, producing a gross annual income of £140,700 (£11,725 pcm).
Positioned in a region with consistently strong rental demand, the properties were purpose-built or comprehensively refurbished around 20 years ago and have been professionally managed ever since. All units benefit from gas central heating, double glazing, and are maintained in good, lettable condition, ensuring minimal downtime and predictable operating costs.
The portfolio is fully let on Assured Short Hold Tenancies, with several long-standing tenants providing income stability. This is a genuinely turnkey investment with a proven 20-year management track record, now available due to the owner’s retirement.
With four separate titles, investors benefit from enhanced financing flexibility and future break-up value. While the preference is to sell the portfolio as a whole, our client indicates that individual disposals of each block may be considered.
Viewings, strictly by appointment only. For further information and to view floorplans, please contact Mark at the office.
More information
Listed by
.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - Rule & Rule. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Rule & Rule for full details and further information.