HENDERSON SETTERFIELD says ..

Property Oracle says ..

This property is a three-bedroom, two-bathroom commercial and residential building situated on Church Street in St Peters, Thanet, Kent. The listing presents this as a mixed-use property: a ground floor pharmacy and two residential apartments above. The external photographs show a building that appears older, with visible signs of wear and tear on the exterior walls. The rear external area offers minimal outside space, effectively no garden. The property’s location in St Peters benefits from its proximity to Broadstairs and various amenities, including schools and transportation links. However, the listed price of £525,000 appears to be high compared to some other properties in the area, especially considering its condition and lack of garden space. The fact that the property is mixed use, adds complexity and may influence buyers. Buyers should therefore thoroughly investigate the potential rental income from the commercial unit, to ensure that it justifies the price premium. Overall, the property offers a mixed investment opportunity, with potential drawbacks balanced by a desirable location and proximity to amenities.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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