Call the team on 020 7625 9007 for more information
A Vacant Second Floor One Bedroom Flat
The property comprises a second floor one bedroom flat situated situated above commercial premises within a mid terrace building arranged over ground and two upper floors.
Tenure
Leasehold. The property is held on a 99 year lease from 27 July 1989 (thus approximately 72 years unexpired).
Location
The property is situated in Margate amongst the local shops and amenities of Northdown Road and just a short walk from the coastline. The open spaces of Oval Gardens and Dane Park are within close proximity. Transport links are provided by Margate rail station.
Accommodation
Second Floor Reception Room Bedroom Kitchen Bathroom with WC & wash basin
The LHA rates for a 1 bedroom property in this postcode is £80.73 per week. Thus potential income of £4,197.96 per annum (source: https://lha-direct.voa.gov.uk)
Lot Type
Residential
Viewing Details
Open House Viewings: Saturday 1st April 11:00-11:30 Friday 7th April 11:00-11:30 - Cancelled Tuesday 11th April 11:00-11:30 - Cancelled
Legal Pack Received
False
Addendum
Sold Prior
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.