A Two Bedroom First Floor Flat Subject to an Assured Shorthold Tenancy Producing £7,800 per annum

The property comprises a first floor two bedroom flat situated within an end of terrace building arranged over lower ground and two upper floors. The entire building was redeveloped in 2015.

Tenure

Long Leasehold. The property is held on a 999 year lease from 1st June 2015 (thus approximately 994 years unexpired).

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of The Oval Gardens and Margate Beach are within easy reach. Transport links are provided by Margate rail station.

Accommodation

First Floor Entrance Hall Reception Room with open plan Kitchen Two Bedrooms Bathroom with WC & wash basin

Exterior

The property benefits from a private rear garden.

Tenancy

The property is subject to an Assured Shorthold Tenancy for a term of 6 months commencing 26th October 2018 at a rent of £650 per calendar month (holding over).

Current Rent Reserved

Current Rent Reserved £7,800 per annum

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

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.