Godwin Road, Cliftonville, Margate 8 bed block of apartments for sale

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Godwin Road, Cliftonville, Margate 8 bed block of apartments for sale

Godwin Road, Cliftonville, Margate
£510,000

Price History

Initial price £600,000
08/04/23 £585,000
01/02/24 £550,000
24/07/24 £525,000
11/01/25 £510,000
Price Change -15.00%

Description

This exceptional investment opportunity presents a freehold property consisting of four spacious two-bedroom apartments, currently generating an annual income of £24,000 with potential to increase to £36,000 per year. Located near local amenities and excellent transport links, the property's convenient location enhances its desirability. The apartments are currently occupied by different members of the same family, ensuring consistent tenancy. The property features a basement living room, kitchen, bedroom 1, bedroom 2, and bathroom, as well as a ground floor living room, kitchen, bedroom 1, bedroom 2, and bathroom, offering ample living space for tenants.