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25 Littlestone Road, Littlestone, New Romney, Kent, TN28 8LN

For Sale - £320,000 GUIDE PRICE

Interested in this property?

01233 629281

Location

The property is prominently located on the southern side of Littlestone Road, within the terraced parade of shops in close proximity to the Romney Hythe & Dymchurch railway station. New Romney, having a population of approximately 4,500 inhabitants is located centrally within the Romney Marsh and benefits from good access via the A2070. Ashford is approximately 12 miles north west and Folkestone a similar distance north east.

Description

The property is a three storey terraced building which comprises a fully self-contained A1 retail premises on the ground floor of 368 sq. ft. with WC. The retail unit benefits from a frontage of 4.16 metres and separately metered electric supply. The commercial unit is currently generating £700pcm (£8,400pax).

The first and second floors consists of a fully self-contained split level 3 bed maisonette of 999 sq. ft. fully with separate entrance on to Littlestone Road. The maisonette benefits from an open plan kitchen/living room with single bedroom and bathroom on the first floor with 2 double bedrooms on the second floor. Currently producing a rental income of £900pcm (£10,800pax)

The ground floor self-contained 1 bed studio flat of 496 sq. ft. with access via the rear of the property benefits from an open plan kitchen, double bedroom with walk in storage space. Currently producing an income of £675 pcm (£8,100 pax)

At A Glance

  • £320,000 FREEHOLD INVESTMENT SALE
  • Producing income of £27,300 per annum (GIY 8.5%)
  • Self-contained commercial unit
  • 3 Bed Maisonette / 1 Bed GF Studio Apartment
  • GIA of 1,863 sq. ft.
  • Close proximity to Romney Hythe & Dymchurch railway station

Property Contact Details

Ruth Nield -

Taylor Riley Office

Ruth.nield@sibleypares.co.uk

01233 629281