Hardess Street

Property Overview

Welcome to 52 Hardess Street, a spacious four‑bedroom maisonette arranged over three generous floors, ideally positioned in a popular and well‑connected location close to Ramsgate town centre, the seafront, and transport links.

Offered with tenants in situ, this turnkey investment provides immediate income from a reliable tenancy. The current occupants are fully up to date with rental payments, presenting a low‑maintenance, income‑producing opportunity for any investor.

This property also benefits from owning a share of the freehold with the basement flat, giving buyers long‑term security and control over the building.

Key Features

• Four-bedroom maisonette split across three floors
• Tenants in situ, generating immediate income
• Current rental income: £1,295 per calendar month
• Share of the freehold (shared with basement flat)
• Ground rent: £100 per annum
• Spacious internal layout with excellent long-term appeal
• Located close to transport links, Ramsgate station, shops, and the harbour
• Well-maintained property with stable tenancy history

Financial Highlights

Immediate, Guaranteed Income

The property is sold with a reliable, established tenant already in occupation. With rent being paid consistently and on time, investors can enjoy a hands‑off return from day one.

Strong Yield Potential

At the current rent of £1,295 PCM, the property delivers:
• Annual income: £15,540
• Gross yield: 6.0% at the asking price of £260,000

For the Ramsgate area-where rental demand remains consistently strong—this represents an appealing yield for both new and experienced landlords.

Low Overheads & Share of Freehold

Owning a share of the freehold provides enhanced control over maintenance, charges, and long‑term planning.
With ground rent at just £100 per year, annual running costs remain comfortably low.

Location Highlights

52 Hardess Street sits in a sought‑after residential area known for:

• Easy access to Ramsgate Harbour and sandy beaches
• Proximity to shops, cafés, schools, and leisure amenities
• Excellent transport links: bus routes and Ramsgate Station with High Speed services to London
• Strong appeal to families, professionals, and long‑term renters

This combination drives sustained rental demand and long-term capital growth potential.

Investment Summary

This is an ideal opportunity for buy‑to‑let investors seeking:

• A high‑yielding asset
• A low‑risk, income‑producing property
• A stable, fully compliant tenancy
• A property with future capital growth potential in an increasingly popular coastal town

With tenants already in situ and all payments up to date, 52 Hardess Street offers a ready‑made investment with strong fundamentals and long-term appeal.