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£170,000

Kingsfield Road, Herne Bay, Kent, CT6

  • 2 beds
Flat

£170,000

  • 2 beds
Flat
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Estimate monthly mortgage payment:

£776 per month

Minimum deposit amount:

£8,500
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Set on a quiet residential street in the ever-popular village of Broomfield, this charming two-bedroom first floor apartment blends period character with modern comforts and comes complete with its own generously sized private garden.

Ideal for first-time buyers looking to get on the ladder, downsizers seeking a peaceful and manageable home, or investors searching for strong returns, this apartment delivers on space, privacy, and long-term potential.

Inside, the home features two well-proportioned bedrooms, a bright and welcoming living room and a stylish kitchen renovated in recent years to modern standards. The spacious bathroom includes both a separate bath and shower, catering to varied lifestyles. High ceilings throughout create an airy feel, while a generous loft space presents exciting potential for conversion (subject to the usual consents).

The apartment occupies the entire top floor of the building, with just one other home below, currently lived in by a single older gentleman, making it especially quiet and well-suited to those who value calm, private surroundings.

A standout feature is the private and generously sized rear garden, a rare bonus for apartments locally and perfect for relaxing, entertaining or simply enjoying the outside without the upkeep of a larger home.

Location-wise, it�s spot on. Just a short drive to Herne Bay�s beautiful seafront and beaches, with local shops, schools and cafes all within easy reach. Herne Bay station provides direct links into London, making it ideal for commuters, while the A299 gives convenient access to Canterbury and the surrounding Kent coast.

The property is offered with no onward chain and is ready to move straight into or let out immediately.

Investment Potential

With an expected rental income of �1,100 per month, this property offers a gross yield of approximately 7.75%, making it an attractive and sensible addition to any portfolio.

Whether you�re stepping onto the property ladder, seeking a quieter pace or looking for a buy-to-let opportunity with reliable returns, this home in Broomfield ticks all the right boxes.

Lease Details

The property is leasehold with approximately 64 years remaining and a peppercorn ground rent, meaning an annual ground rent to pay of �50.
For buyers considering a long term move or investment, there is the option to extend the lease, which could significantly enhance the property's value and increase mortgage eligibility with more lenders, although the current owners mortgage is with Nationwide.
With current lease reform proposals under review by the government, this could become more affordable in future, offering even better value for proactive buyers. This is a rare opportunity to secure a well-located apartment with a large private garden and strong long-term upside, whether you're buying to live in or let out.

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