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6A New Street, Herne Bay, Kent, CT6 - Image 1
6A New Street, Herne Bay, Kent, CT6 - Image 2
6A New Street, Herne Bay, Kent, CT6 - Image 3
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6A New Street, Herne Bay, Kent, CT6 - Image 5
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6A New Street, Herne Bay, Kent, CT6 - Image 11

6A New Street, Herne Bay, Kent, CT6

South East

£195,000
Listed on 25/02/2026

Property Details

Bedrooms
N/A
Type
Detached house
Area
1500 sqft

Description

This property presents a compelling investment in Herne Bay, featuring a spacious 1,500 sq ft structure that spans both ground and first floors. Currently leased to a reliable independent gym operator, it provides an annual income of £12,000 with a five-year lease in place. The building offers significant potential for enhancement; possibilities include expanding the commercial area or potentially adding a residential level, pending planning approval. Furthermore, there is an opportunity to completely repurpose the space into either residential units or office settings, making this property a versatile asset for those looking to capitalize on its innate value.

Investment Analysis

(CT6 area)

Below Market Value

This property is priced -63.5% below area average per sq ft

-63.5%
Potential saving
This Property
£130/sq ft
Area Average
£356/sq ft
Avg Rent (weekly)
£263
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £65,000
Target Value
£587,565
10% above area average per sq ft
Potential ROI
+126.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (CT6)

Area prices are stable by +1.8% over the last 12 months
3 year growth: -4.4%
5 year growth: +7.7%
Investment Disclaimer: Analysis based on CT6 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

6A New Street, Herne Bay, Kent, CT6
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£703
Based on a loan of £146,250 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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