- Freehold block of flats
- Four flats in total
- 2 x 2 bedrooms
- 2 x 3 bedrooms
- Ready made investment
- Off street parking for all
- Single garage included
- Potential income of £73,800 pa
- Immediate income
- Call to view
Cooke & Co are thrilled to present this exceptional investment opportunity: a freehold block of flats situated in the heart of Broadstairs, just steps from the seafront and offering breathtaking panoramic sea views.
This impressive block comprises four flats, each benefiting from stunning sea views. Flat 1, located on the lower ground floor, is a two-bedroom property with its own private entrance. Flat 2 is a two-bedroom flat situated on the upper ground floor. Flat 3, positioned on the first floor, is a spacious three-bedroom flat featuring a balcony, perfect for enjoying the coastal scenery. Flat 4, located on the second floor, is another three-bedroom flat, completing this well-designed block.
The property also includes a private car park area, offering valuable convenience for residents, as well as a garage exclusively allocated to Flat 3. Furthermore, with modernisation carried out to each individual unit, the annual rental income is estimated to reach approximately £73,800, which with an asking price of £1.3 million would provide an attractive yield of 5.6%. This would make it an exceptional prospect for investors seeking long-term returns.
Positioned in the highly sought-after central Broadstairs area, this property is perfectly located for tenants and holidaymakers alike. We anticipate significant interest in this rare opportunity. Contact Cooke & Co today to arrange a viewing and secure this outstanding asset.
Important Information
Property Ref: 202202_COOKEANDCO_6216
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