£110,000
Studio for saleKings Road, Herne Bay CT6
1 bath
1 reception
EPC Rating: E
- Share of Freehold
About this property
First Floor Studio
Vacant possession
Recently Updated
Great Investment Opportunity
Early Viewing Recommended
Walking Distance To Station & Town
Shower Room
Separate Kitchen Area
Feature Fireplace
New 999 Year Lease Being Provided
Zest Homes is pleased to offer a compact, modern studio flat on the first floor. The property is currently let for £695 pcm, offering a 9% yield.
Accommodation comprises a living/bedroom area, a separate kitchen area, and a modern shower room.
Rental Income £695 pcm
Council Tax Band A
EPC Rating E
Lease Details: 999 Years from 1st September 2022
No ground rent payable
The buyer will have the share of Freehold transferred to them on completion and will be able to discuss with other leasees building insurance contributions and discuss creating the reserve. This company is currently being transferred to all leasees.
Agents Notes:
1. Money Laundering Regulations: Please note all sellers and intended purchasers will receive an 'On Boarding' link to verify their identity. This is a legal requirement prior to a sale or purchase proceeding.
2. All measurements stated on our details and floorplans are approximate and as such can not be relied upon and do not form part of any contracts.
3. Zest Homes have not tested any services, equipment or appliances and it is therefore the responsibility of any buyer/tenant to do so. 4. Photographs and marketing material are produced as a guide only and legal advice should be sought to verify fixtures and fittings, planning, alterations and lease details.
5. Zest Homes hold the copyright to all advertising material used to market this property.
6. It is the responsibility of the buyer to obtain verification of the legal title of the property via their solicitor.
Agents Note
There is a delay with the registration of the freehold with the Land Registry but this is in the process of being resolved.
Communal Entrance
Living/Bedroom Area (4.27m x 3.05m (14'17 x 10'22))
Kitchen (1.85m x 1.52m (6'1 x 5))
Shower Room (1.37m x 1.27m (4'6 x 4'2))
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Tenure
Share of freehold
Service charge
Council tax band
Commonhold details