haart says ..

Property Oracle says ..

This property is a commercial/residential building situated on the High Street in Sheerness, Kent. The listing describes it as having two two-bedroom apartments with tenants in situ, plus a commercial premise, suggesting an investment opportunity. The property’s location on the High Street provides excellent access to local amenities, including the nearby Sheerness-on-Sea train station. Several schools are within a reasonable distance, including Rose Street Primary School and St Edward’s Catholic Primary School, both rated ‘Good’ by Ofsted. However, the image reveals a fairly standard and potentially outdated exterior. A comprehensive inspection would be necessary to fully ascertain the property’s condition, including that of the apartments and the commercial space. Information on square footage and land size is crucial for a full analysis of the property and its price. Without plot size details, the potential for a garden or outdoor space remains unclear. The property’s £450,000 asking price should be considered in relation to the detailed condition and comprehensive market value analysis based on accurate square footage and the specific rental income generated by the tenants in situ. Additional details concerning the commercial aspect, its potential for increased returns, and possible planning permissions are also vital to assessing the overall return on investment. In summary, this property offers a potential investment opportunity, however, a comprehensive survey and detailed financial analysis is imperative before making any investment decision.

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

Images