High Street, Ramsgate CT11 — 7 Unit Mixed Use Block | Newly Renovated | £91,000 PA Rental Income

Mixed use investment opportunity on High Street, Ramsgate, CT11. A newly renovated 7-unit freehold corner block — formerly a bank building — comprising 4 x one-bedroom flats, 1 x two-bedroom flat, 1 x three-bedroom flat, and 1 x ground floor commercial unit. Estimated rental income circa £7,583 PCM / £91,000 per annum (circa £78,000 residential / circa £13,000 commercial). Ground floor commercial unit currently in legals to be let to Post Office on a 15-year lease at £13,000 per annum. All residential flats renovated to a high specification and offered with vacant possession. Property is held within an SPV. Asking price £1,575,000. 28-day completion timescale. 1% reservation fee required upon acceptance.

7-unit mixed use freehold corner block on Ramsgate High Street, CT11. Newly renovated former bank building comprising 4 x 1-bed flats, 1 x 2-bed flat, 1 x 3-bed flat, and 1 x ground floor commercial unit. All residential units finished to a high specification with vacant possession. Commercial unit in legals for a 15-year Post Office lease at £13,000 p/a. Held within an SPV. Close to Ramsgate Railway Station, Ramsgate Royal Harbour & Marina, and Waitrose.