£1,050,000
Romney Marsh, Kent
- 0 beds
£1,050,000
- 0 beds
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Key Investment Highlights:
- Freehold mixed-use block with 4 apartments, 1 office & 1 retail unit
- Total internal area: approx. 4,200 sq ft
- Fully refurbished in 2015/16 (investment of £500,000)
- 999-year leases in place for all residential flats
- No service charge payable by the owner
- On-site car park with 8 bays
- Established rental income stream
- Located in a quiet yet accessible village in Kent
- Asking Price: £1,050,000
- Gross Annual Income (Fully Let): £72,040
- Gross Yield: 7%
Property Overview:
Fluer de Lis House is a high-yielding, fully refurbished, detached mixed-use freehold block offering a combination of four high-spec residential flats, a long-standing office tenant, and a retail unit currently under offer. Located in the tranquil setting of Brenzett, Romney Marsh, this well-maintained and income-producing property represents an excellent opportunity for investors seeking secure, diversified, and long-term returns.
Rental Income Information:
Unit Description Status Rent (PCM) Rent (PA) Flat 1 2-Bedroom Apartment Tenanted £975 £11,700 Flat 2 3-Bedroom Apartment Tenanted £1,150 £13,800 Flat 3 2-Bedroom Apartment Tenanted £1,095 £13,140 Flat 4 3-Bedroom Apartment Tenanted £1,200 £14,400 Office Commercial Office Unit Tenanted £800 £9,600 Shop Retail Unit Vacant* £783 £9,400*Total Current Rent (PCM): £6,003
Total Current Rent (PA): £72,040 (when shop let)
*Offer on the table from a tenant for the shop for £783pcm on a 15-year lease with a 5-year break clause, intending to open a coffee shop.
Location Overview:
Located in Kent’s sought-after Romney Marsh area, Brenzett offers excellent rental stability, countryside charm, and commuter accessibility. The region benefits from demand for residential and commercial units, further enhanced by a proposed coffee shop tenant adding value to the local community and footfall.
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