Property Details: - Type: Flat - Bedrooms: 1 - Bathrooms: 1
Agent: Springer Homes - Broadstairs Phone: 01843 306403
<p><strong>TENANT IN SITU currently earning £9540pa <br/> <br/>INVESTMENT PROPERTY - Yield 7% </strong></p> <br/> <br/><p>Springer Homes is delighted to offer this <strong>well-positioned 1-bedroom ground floor flat on Truro Road, Ramsgate</strong>, presenting an excellent opportunity for <strong>investors and first-time buyers alike</strong>.</p> <br/> <br/><p>Located at street level, the property provides easy access and broad appeal to tenants and owner-occupiers. The accommodation comprises a spacious double bedroom, modern bathroom with walk-in shower, and a bright open-plan kitchen/living area — a layout that suits today’s rental and lifestyle demand. A useful bonus attic room adds valuable additional space, ideal for storage or flexible use.</p> <br/> <br/><p>To the rear, residents can enjoy well-maintained communal gardens, enhancing tenant desirability and long-term appeal. The property is just moments from scenic cliff-top walks and within easy reach of Ramsgate Royal Harbour — the only Royal Harbour in the UK — as well as King George VI Memorial Park. The town’s vibrant marina, Harbour Arches, and selection of waterfront bars, cafés, and restaurants continue to support strong demand from both renters and buyers.</p> <br/> <br/><p><strong>Investment Highlights:</strong></p> <br/> <br/><ul><li> <br/><p>Ground floor unit (strong rental appeal)</p> <br/></li><li> <br/><p>103 years remaining on lease</p> <br/></li><li> <br/><p>Combined service charge & ground rent approx. £135pcm</p> <br/></li><li> <br/><p>Sought-after coastal location</p> <br/></li><li> <br/><p>Attractive first-step property with future growth potential</p> <br/></li></ul> <br/> <br/><p>With continued regeneration and increasing popularity as a seaside destination, Ramsgate remains a smart location for capital growth and consistent rental demand.</p> <br/> <br/><p>Early viewing is highly recommended. Contact Springer Homes today to secure this opportunity.</p>
