Tuesday, 21 October 2014

Herne Bay 1 - Padstow 0

Hello again 'prop pickers'.. Sorry that I have not been posting for a few days, but I have just returned from a week away in the West Country. Interesting to note that there are a number of 'sensibly priced' properties to be had down there and their are quite a few that are off the 'Richter Scale' in regard to pricing! We sometimes think that we have pricing variations within Kent, but in Cornwall it's bonkers, especially around the Padstow area. Mr Rick Stein has a lot to answer for!!

Anyway, back to business. Just a few weeks ago I wrote about a great property that came on the market in Herne Bay. Incredibly, another one came on this morning in the same building at £165K with  Kimber Woodward.

Again, it looks great, as a) it's simply stunning, b) these properties are in great demand and finally c) it's got a great yield at 5.82%, with a rental figure of circa £800 per month.

For the rental market, such properties are always in great demand due to their location, i.e. close to the railway station, therefore great for professional commuting couples.

And its CHAIN FREE!!

Should you wish to discuss any other specific properties or just a general chat re the current market, please feel free to contact me on 01227 455717 or call in and see me at 23 Watling Street in Canterbury.


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