6 Bedroom Block Of Apartments Flat for sale in King Street, Margate, Kent

6 Bedroom Block Of Apartments Flat - £650,000

King Street, Margate, Kent

First listed on: 11th September 2020

Nearest stations: Margate (0.5 mi)Westgate-on-Sea (1.9 mi)Broadstairs (3 mi)Ramsgate (3.6 mi)Dumpton Park (3.6 mi)

Interested in this property? Call See phone number 01843 231833

Further Informations

More Information 1

More Information 2

Property Features

  • Freehold Block
  • Shop
  • Three x Two Bedroom Flats
  • Sea Views
  • Old Town Location

Property Description

Ideal investment in perfect seaside location! This freehold block is situated directly in the Old Town. The property consists of a ground and lower ground floor shop and three x two bedroom contemporary apartments above , all with sea views to the side. The block currently brings in a total of £30,300 per annum rental and offers any incoming buyer a gross yield of just under 5%. Internally the apartments offer light and bright accommodation with modern kitchens and bathrooms and are fully occupied with working tenants on AST's. Call us today to arrange your priority appointment (please note that 48 hours notice is required for all viewings)

SHOP

27'1 x 15'0 (8.26m x 4.57m)

Double fronted with windows on each side. Central door to main shop area. Secondary rear area (16ft x 7ft) and stairs down to two further rooms at the front and rear.

FLAT ONE

Lounge

19'0 x 9'9 (5.79m x 2.97m)

Sash window to front offering sea views. Radiator. Power points. Feature fireplace.

Kitchen

9'4 x 6'4 (2.84m x 1.93m)

Selection of wall and base units with complementary worksurfaces. Sink unit with drainer. Fitted oven and hob.

Bathroom

Modern suite comprising panelled bath with overhead shower, pedestal wash hand basin and low-level WC.

Bedroom One

11'2 x 10'6 (3.40m x 3.20m)

Sash window to front with sea views. Radiator. Power points.

Bedroom Two

9'8 x 13'0 (2.95m x 3.96m)

Sash window to rear. Radiator. Power points. Cupboard housing boiler.

FLAT TWO

Lounge

19'2 x 9'8 (5.84m x 2.95m)

Sash window to front offering sea views. Radiator. Power points.

Bedroom One

11'2 x 10'6 (3.40m x 3.20m)

Sash window to front with sea views. Radiator. Power points.

Bedroom Two

12'9 x 10'0 (3.89m x 3.05m)

Sash window to rear. Radiator. Power points. Cupboard housing boiler.

Kitchen

9'4 x 6'4 (2.84m x 1.93m)

Selection of wall and base units with complementary worksurfaces. Sink unit with drainer. Fitted oven and hob.

Shower Room

Suite comprising shower cubicle, wash hand basin and low-level WC.

FLAT 3

Lounge

15'6 x 9'9 (4.72m x 2.97m)

Sash window to front offering sea views. Radiator. Power points.

Kitchen

9'4 x 5'6 (2.84m x 1.68m)

Selection of wall and base units with complementary worksurfaces. Sink unit with drainer. Fitted oven and hob.

Bathroom

Modern suite comprising panelled bath with overhead shower, pedestal wash hand basin and low-level WC.

Bedroom One

11'5 x 9'6 (3.48m x 2.90m)

Sash window to front with sea views. Radiator. Power points.

Bedroom Two

12'8 x 9'1 (3.86m x 2.77m)

Sash window to rear. Radiator. Power points. Cupboard housing boiler.

Agents Notes

Please note that as the property is rented we will require no less than 48 hours notice for viewings.

You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the website owner's express prior written consent. The website owner's copyright must remain on all reproductions of material taken from this website.

Ideal investment in perfect seaside location! This freehold block is situated directly in the Old Town. The property consists of a ground and lower ground floor shop and three x two bedroom contemporary apartments above , all with sea views to the side. The block currently brings in a total of £30,300 per annum rental and offers any incoming buyer a gross yield of just under 5%. Internally the apartments offer light and bright accommodation with modern kitchens and bathrooms and are fully occupied with working tenants on AST's. Call us today to arrange your priority appointment (please note that 48 hours notice is required for all viewings)

SHOP

27'1 x 15'0 (8.26m x 4.57m)

Double fronted with windows on each side. Central door to main shop area. Secondary rear area (16ft x 7ft) and stairs down to two further rooms at the front and rear.

FLAT ONE

Lounge

19'0 x 9'9 (5.79m x 2.97m)

Sash window to front offering sea views. Radiator. Power points. Feature fireplace.

Kitchen

9'4 x 6'4 (2.84m x 1.93m)

Selection of wall and base units with complementary worksurfaces. Sink unit with drainer. Fitted oven and hob.

Bathroom

Modern suite comprising panelled bath with overhead shower, pedestal wash hand basin and low-level WC.

Bedroom One

11'2 x 10'6 (3.40m x 3.20m)

Sash window to front with sea views. Radiator. Power points.

Bedroom Two

9'8 x 13'0 (2.95m x 3.96m)

Sash window to rear. Radiator. Power points. Cupboard housing boiler.

FLAT TWO

Lounge

19'2 x 9'8 (5.84m x 2.95m)

Sash window to front offering sea views. Radiator. Power points.

Bedroom One

11'2 x 10'6 (3.40m x 3.20m)

Sash window to front with sea views. Radiator. Power points.

Bedroom Two

12'9 x 10'0 (3.89m x 3.05m)

Sash window to rear. Radiator. Power points. Cupboard housing boiler.

Kitchen

9'4 x 6'4 (2.84m x 1.93m)

Selection of wall and base units with complementary worksurfaces. Sink unit with drainer. Fitted oven and hob.

Shower Room

Suite comprising shower cubicle, wash hand basin and low-level WC.

FLAT 3

Lounge

15'6 x 9'9 (4.72m x 2.97m)

Sash window to front offering sea views. Radiator. Power points.

Kitchen

9'4 x 5'6 (2.84m x 1.68m)

Selection of wall and base units with complementary worksurfaces. Sink unit with drainer. Fitted oven and hob.

Bathroom

Modern suite comprising panelled bath with overhead shower, pedestal wash hand basin and low-level WC.

Bedroom One

11'5 x 9'6 (3.48m x 2.90m)

Sash window to front with sea views. Radiator. Power points.

Bedroom Two

12'8 x 9'1 (3.86m x 2.77m)

Sash window to rear. Radiator. Power points. Cupboard housing boiler.

Agents Notes

Please note that as the property is rented we will require no less than 48 hours notice for viewings.

You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the website owner's express prior written consent. The website owner's copyright must remain on all reproductions of material taken from this website.

Read more

Useful Statistics In Your Area

We have collected some useful information to help you learn more about your area and how it may affect it's value. This could be useful for those already living in the area, those considering a move or a purchase of a buy-to-let investment in the area.

Price Trends

Local Statistics

Property Location

Property Street View

Price History

Listed prices are those submitted to us and may not reflect the actual selling price of this property.

Date History Details
12/09/2020 Property listed at £650,000

Disclaimer

Disclaimer Property reference VE_29997115. Details are provided and maintained by Cooke & Co. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

This property is marketed by

147 Northdown Road

Cliftonville

Margate

CT9 2QY

Telephone: See phone number 01843 231833

Arrange Viewing Arrange Viewing with Agent Check Affordability Check Affordability

Disclaimer

Disclaimer Property reference VE_29997115. Details are provided and maintained by Cooke & Co. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

Mortgage Calculator

Calculate the cost of a mortgage for your new home based on available data.

£ 0 per month
Get a free mortgage in principle
Thinking of selling or renting your property?
Get a instant valuation today!

This property is marketed by

147 Northdown Road

Cliftonville

Margate

CT9 2QY

Telephone: See phone number 01843 231833

Arrange Viewing Arrange Viewing with Agent Check Affordability Check Affordability

Free Instant Valuation

Find out more about the value of your property

Terence Painter Estate Agents logo

Register For Free

Create an account for free today to unlock some great features of Net House Prices.

Arrange Viewing Arrange Viewing with Agent Check Affordability Check Affordability
Show Sidebar
Free House Valuation

More Information Instant House Valuation With your local agents

Terence Painter Estate Agents logo