- Sold With Long Term Tenant In Situ +
- Scope For Higher Yield +
- Modern Standard Throughout +
- Rear Enclosed Back Yard +
- Close By To Local Amenities +
- Three Bedrooms +
- End Of Terrace +
- Quiet Residential Area +
This spacious 3-bedroom end of terrace presents an excellent investment opportunity in the sought-after area of Ramsgate. The property comprises of; Spacious modern lounge, open plan kitchen/dining area, fully fitted kitchen and family bathroom. Upstairs consisting of two double bedrooms, additional single bedroom. Externally the property plenty of spaces to park around the property and rear enclosed back yard.
Convenience is key, Denmark Road is Located in close proximity to Ramsgate train station, commuting becomes effortless, granting easy access to surrounding areas and beyond. The property's prime location ensures that you'll have an array of amenities, including shops, restaurants, and recreational facilities within close proximity.
Kent displays many attributes that make it ideal for investment, including fast-improving infrastructure, proximity to London, the largest economic centre in East Kent, high rental demand, potential for solid returns, and room for substantial house price growth. Rental demand in Kent is high, driven by its position within London’s commuter belt. The county has experienced a jobs boom, with major employers like Pfizer, BAE Systems and Discovery Channel establishing bases there.
Please note, lettings and management fees may apply.
Financial Breakdown
Gross Rent: £13,200.00
Net income: £13,200.00
Gross yield: 6.44%
Net yield: 6.44%
Please contact agent for full financial breakdown.
IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
yieldit ref: YL-07733