Flat for sale in 9 Stone Road, Broadstairs, Kent CT10

Welcome to a lucrative investment opportunity perched on Stone Road, offering more than just a stunning top-floor one-bedroom flat, it's a gateway to steady returns and panoramic sea views.
Being sold with both a tenant in situ and also fully furnished including a washing machine / drier, this strategically positioned property also offers unparallelled, sea views, enhancing its allure for prospective tenants and ensuring sustained desirability in the rental market. Within, a well-appointed living space awaits, combining comfort with contemporary design elements.
What truly sets this property apart is its financial prowess. Currently housing a reliable tenant who values this prime location at £775 per month, this investment gem generates an impressive annual income of £9,300, presenting a solid 5% yield. That's the kind of stability and return on investment savvy investors dream of.
Whether you're a seasoned investor seeking to expand your portfolio or someone eager to embark on the path of property investment, this opportunity ticks all the boxes. A tenant in place means immediate income flows, while the allure of the seaside panorama ensures consistently high demand in the rental market.
Invest with confidence, knowing that your investment is secured not only by the property's undeniable charm but also by a location that holds enduring appeal. Don't miss your chance to own a slice of this flourishing investment landscape.
Arrange a viewing today and envision yourself reaping the rewards of this prime investment!

Communal Entrance

Entrance via communal front door, leading to stairs to top floor and private entrance.

Private Entrance

Private entrance leading to hallway, with built in storage / wardrobes on the landing and doors to:

Bedroom (9'7 x 9'3 (2.92m x 2.82m))

Double glazed window to rear. Radiator. Power points. Skirting. Laid to carpet.

Bathroom (7'7 x 6'0 (2.31m x 1.83m))

Bath with shower unit over head and shower screen. Wash basin with mixer taps. Tiled walls and floors. Chrome heated towel rail. Low level w/c. Airing cupboard.

Kitchen (10'1 x 6'6 (3.07m x 1.98m))

Bespoke base units with complementing work surfaces. Wooden flooring and double glazed window to front. Stainless steel sink with mixer tap and oven with electric hob. Power points. Open plan to:

Living Room (10'1 x 9'1 (3.07m x 2.77m))

Laid to carpet. Double glazed window to front. Power points. Skirting.

Communal Rear Garden

Communal laid to pave rear garden.

Leasehold Information

We have been advised by the seller that the property is a share of the freehold and that there is a lease of 125 years on the property with 115 years left to run. We have also been advised that there is no ground rent or service charge and any works are paid for on an as and when basis between flats.

Agents Notes

Please be advised that there is a storage cupboard at the back of the lobby for use of the new landlord. We have also been advised that the property is being sold fully furnished including a washer / drier.