FANTASTIC INVESMENT OPPORTUNITY, MUST BE VIEWED!

Miles & Barr Commercial are delighted to offer onto the market this fantastic investment opportunity. The property is situated in the heart of Ramsgate town centre and within walking distance to the Famous Royal Harbour and Sandy beaches. Recently renovated to a high standard the property comprises of a selection of 2 x one bedroom and 3 x studio apartments and a lock up shop on the ground floor. Further benefits include upgraded electrics, gas heating system and fire safe systems. There is also a spacious basement perfect for storage. On the first and second floors there is an additional office and storage room. The current owners currently rent the apartments out on short stay and short leases along with the ground floor lock up shop. The combined rental income is approx £47,000 per annum giving a yearly yield of 6.3%.

.

Room Sizes

Ramsgate Area Guide

Ramsgate – Marina paradise Ramsgate’s waterfront and marina is an idyllic location. The seafront has a thriving café culture and many restaurants. The high street has a good mix of independent and chain shops. If you’re interested in living in Ramsgate, come into our Ramsgate office and we can help find a property to suit you.