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3 bedroom block of apartments for sale
137 Ramsgate Road, Margate, Kent
£145,000
137 Ramsgate Road, Margate, Kent
£145,000
Price History
Initial price | £160,000 |
24/04/24 | £145,000 |
Price Change | -9.38% |
Description
The property is a pair of three-storey properties being offered as individual lots at auction. Each flat has its own entrance and is divided into two levels. The Lower Ground Floor flat has a living room, dining room, kitchen, bedroom, and stairs to the first floor, while the Upper Ground Floor Maisonette has an entrance hall, living room, kitchen/diner, stairs to the top floor, and a courtyard garden to the rear. The Top Floor has two bedrooms and a bathroom with W.C. The current rentals are below market prices, providing potential for increased yield. Both flats are currently let on Assured Shorthold Tenancy Agreements at £450 and £800 per calendar month, respectively.