5 bed property for sale

Station Road, Herne Bay CT6

Exceptional Investment Opportunity: Fully Tenanted Block of Flats on Station Road, Herne Bay.

Zest Homes is proud to present a remarkable investment opportunity on Station Road, Herne Bay. This well-maintained building, managed by Zest Homes for many years, accommodates eight flats spread over four floors, offering a mix of one-bedroom, studio, and two-bedroom units. The property includes both front and rear gardens, providing a pleasant living environment for tenants.

Key Features
Eight Flats: Comprising three one-bedroom flats, four studio flats, and one two-bedroom flat.
Fully Tenanted: All units are currently let on Assured Shorthold Tenancies (ASTs).
Consistent Rental Income: All tenants pay their rent on time, ensuring a reliable income stream.
Annual Yield: The property offers a robust annual yield of approximately 9%, making it an attractive investment.
Freehold Title: The building holds an absolute freehold title with no individual leases on the flats.
Current Certifications: All EPCs, gas certificates, and Electrical Installation Condition Reports (EICRs) are up-to-date and compliant.

For more detailed information or to arrange a viewing, please contact our team at Zest Homes. We are here to answer any questions and provide further details to help you make an informed investment decision.

Investment Highlights

Strong Rental Demand: Herne Bay is a popular residential area with strong rental demand, ensuring high occupancy rates.
Experienced Management: Zest Homes' long-standing management of the property guarantees smooth operations and tenant satisfaction.
Prime Location: Situated on Station Road, the property is conveniently located near local amenities, transport links, and the vibrant town center of Herne Bay.
Low Maintenance: The building has been well-maintained, reducing potential maintenance costs and ensuring a hassle-free investment.

Financial Information

Total Annual Income: Provides a yield of around 9%.
Tenancy Details: All flats are let on ASTs, ensuring flexibility and security for both the landlord and tenants.

Compliance And Certifications

EPCs: All flats have current and valid Energy Performance Certificates.
Gas Safety: Up-to-date gas safety certificates for all relevant units.
EICRs: Current Electrical Installation Condition Reports for each flat.

Epc Bands And Expiry Dates

Flat 1,113 station road, herne bay, CT6 5QBD13 April 2031
flat 2,113 station road, herne bay, CT6 5QBD13 April 2031
Flat 3,113 Station Road, herne bay, CT6 5QBD13 January 2032
Flat 4,113, Station Road, herne bay, CT6 5QBE1 August 2028
Flat 5,113 Station Road, herne bay, CT6 5QBC24 February 2033
Flat 6,113 Station Road, herne bay, CT6 5QBC24 February 2033
Flat 7,113, Station Road, herne bay, CT6 5QBE17 September 2028
Flat 8,113, Station Road, herne bay, CT6 5QBE15 May 2028

All Flats Council Tax Band A