LOT 4 · RESIDENTIAL PROPERTY
89 High Street
Hythe, CT21 5JH
A Three Storey Mid-Terraced Mixed-Use Property Comprising a Ground Floor Retail Unit and Three Self-Contained Flats (One, One & Three Bedroom) Producing £37,200 Per Annum.
Property description
The property comprises a mid-terraced building arranged over ground and two upper floors, providing a ground floor retail unit with a one-bedroom flat and a three-bedroom flat above.
The commercial unit is let on a 5-year FRI lease from 22nd September 2025 at £14,400 per annum. The residential flats are both let on guaranteed rent agreements, with the one-bedroom flat producing £9,000 per annum and the three-bedroom flat £13,800 per annum.
Accommodation
Ground Floor
Retail Shop
First Floor
One Bedroom Flat
First and Second Floor
Three Bedroom Split level Maisonette
Location
High Street is a well-established retail location in the heart of Hythe, a popular and affluent coastal town in Kent. The property benefits from strong footfall and proximity to a range of independent shops, cafés, and local amenities. Transport links are provided by Hythe railway station, offering convenient connections to Folkestone and the wider rail network.
Exterior
The property benefits from having a rear garage.
Run the Numbers
Explore rental returns and monthly repayments for this property.
Your rental returns
- Gross yield
- 10.6%
- Net yield
- 10.6%
- Annual income
- £37,200
Net yield deducts your annual running costs, before tax and finance.
Yields use the purchase price and assume 12 months’ rent. Include maintenance, insurance, management and vacancy allowances in annual costs. Tax, finance and purchase fees are excluded.
Illustrative estimates only, not financial advice or a lending offer. Confirm funding and the completion deadline before bidding.
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