£580,000

Property for sale

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Just added
Business
Freehold

£580,000

Property for sale

Property Portfolio Of Four Residential Properties CT11, Kent

Local area information

Property location

Nearby amenities

  • Chatham & Clarendon Grammar School 0.2 miles
  • Priory Infant School 0.3 miles
  • Ramsgate Ferry Terminal 0.7 miles
  • Ramsgate 0.7 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
Kent.
YE23 income of circa £61,000 with an ebit of £51,000
Properties hold a combined value of between £660,000 and £730,000.
Outstanding mortgages account for less than 50% of the asset value.
Eight tenants currently in place.
Two of properties are managed by external agencies, ensuring that fewer administrative duties are required on a day-to-day basis.
An ideal bolt-on opportunity for a property investor to acquire.
A fully relocatable opportunity.
Our client has advised he will sell piecemeal.
Offered for sale to enable our Clients to focus on building a commercial property portfolio.
£580,000

More information

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  1. Zoopla
  2. Commercial for sale
  3. Kent
  4. Ramsgate
  5. Hardres Street

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