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9 bed Investment

£800,000

Osborne Road, Broadstairs

FOR SALE


Property DESCRIPTION

INVESTMENT OPPORTUNITY 5 SELF CONTAINED FLATS IN THE BEAUTIFUL BEACH TOWN OF BROADSTAIRS. This development has parking for 3/4 cars and a garden to the rear,which is currently used solely by the 3 bed apartment. It is situated at the top of the High St where the Broadway meets Osborne Road with a two minute walk to the High Speed Rail Link. The property has been well maintained with regular refurbishments throughout each flat with each flat having UPVC windows and gas central heating.
The development consists of 5 self-contained residential flats; all rented.
1 x 3 bed (current rental income £850 pcm) EPC D
2 x 2 bed (current rental income £650 each pcm) EPC C AND EPC D
2 x 1 bed (current rental income £500 each pcm) EPC C AND D
These could all be increased on, however the block currently achieves £37,000 per year

Broadstairs is a fabulous Beach Town with many Restaurants, Bars and regular festival occasions, there are food fayres, seafront fayres, Dickens Festivals and of course the world renowned annual Folk Festival. It is a tourists' paradise and this investment could be fantastic as an Air bnb/ Holiday Lets as well as the current Long Term AST market.

All EPCs are available and can be emailed to you upon request as, or they can be obtained from the .gov.uk website.

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