2 bedroom property for sale

Guide price £550,000

Interested in this property? Call 01737 339380 (local rate) or Arrange viewing

Property features

  • Block of Five Self Contained Apartments
  • Investment Opportunity
  • Completely Refurbished
  • Off Street Parking
  • Gardens
  • Within Half a Mile of Ramsgate Mainline Station
  • 200 Yards From Thanet Loop Bus Route
  • Draft Details Awaiting Vendor Approval
  • Photos are of Flat 4 as an example

Property description

Investment opportunity* guide price £550, 000-£650, 000 - A good opportunity to purchase a recently refurbished and newly converted block of five two bedroom apartments located in a sought after road within half a mile of Ramsgate mainline train station, 200 yards from Thanet loop bus route and local shops, with Ramsgate town centre and harbour only a short distance away. On offer is the freehold and the leaseholds to five two bedroom apartments, two on the lower ground floor with access to own gardens, two on the upper ground floor both with an allocated parking space each and one on the first floor. They all have fitted bathrooms and kitchens with a range of appliances and have tenants in situ if required. Also available as individual purchases.

Details on flat 4 for guidance purposes -

Entrance Hall:
Secure telephone entry system, single panel radiator, wood laminate flooring, power points. Doors to; Lounge, Master Bedroom, Bedroom Two, Bathroom.

Lounge (16'1 x 14'4):
Double glazed bay window to front, TV and telephone points, wood laminate flooring, 2x double panel radiators, ample power points.

Kitchen:
Fitted with a range of wall and base level units comprising roll edged laminate work surfaces over, stainless steel sink/drainer unit, built in electric oven and hob with extractor hood, integral fridge/freezer, washing machine and dishwasher, wood laminate flooring, ample power points.

Master Bedroom (12'0 x 8'2):
Double glazed window to rear, single panel radiator, TV aerial socket, wood laminate flooring, ample power points.

Bedroom Two (9'5 x 7'1):
Double glazed window to rear, single panel radiator, TV aerial socket, wood laminate flooring, ample power points.

Bathroom:
Fitted with a white suite comprising low level W/C, panel enclosed bath with shower over and a pedestal wash basin. Extractor fan, fully tiled walls, heated towel rail, ceramic tiled flooring.

Parking:
Off street parking space.

* These details are for guidance purposes only and should not be relied upon as factual and do not form any part of any contract and their accuracy cannot be guaranteed.
Please note that no appliances or systems have been tested. Unless advised, no warranty as to condition or suitability is confirmed. Purchasers are advised to obtain verification from their surveyor/solicitor.
Our financial services division will be offering potential purchasers a mortgage service, this is a free service and may assist us in achieving a smooth sale.
Request details

For more information about this property, please contact
Clarendons Property Consultants, RH2 on 01737 339380 (local rate)

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Similar properties for sale nearby

12 more properties like this

This 2 bedroom property, located in South Eastern Road, Ramsgate CT11 is listed for sale for £550,000 . The current asking price is 210% higher than the average current value for properties on which is £177,187. There have been 13 property sales on in the last 3 years, with sold house prices averaging £166,153. This property has 2 bedrooms and is located in Ramsgate.

View all South Eastern Road property for sale

CT11 Zed-Index What is the Zed-Index
£145,124 £217,034 £161,474 £137,468 £100,101

stats for 
Value change
£1,144 (-0.80%) £6,996 (-4.69%) £7,348 (-4.91%) £11,184 (-7.29%) £2,483 (1.78%) £27,988 (-16.45%) £25,142 (-15.02%)
from 
Avg. price paid: £142,693
No. of property sales: 328
Avg. price paid: £148,341
No. of property sales: 1,084
Avg. price paid: £159,610
No. of property sales: 2,463
Avg. price paid: £156,446
No. of property sales: 4,214

Avg. asking price in CT11: £187,148
No. of properties for sale in CT11: 413
Avg. asking rent in CT11: £574 pcm
No. of properties to rent in CT11: 151

Property value data/graphs for CT11

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £213,109 £160 3.5 £206,250
Semi-detached £158,355 £150 3.1 £154,813
Terraced £134,623 £144 3.1 £138,262
Flats £98,235 £157 1.8 £96,876

Current asking prices in CT11

Avg. current asking prices in CT11
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £72,692
(14)
£147,427
(73)
£175,100
(94)
£240,133
(49)
£344,159
(15)
Flats £78,730
(57)
£178,227
(69)
£326,211
(19)
£190,000
(1)
£350,000
(1)
All £77,540
(71)
£162,393
(142)
£200,508
(113)
£239,130
(50)
£344,524
(16)

Current asking rents in CT11

Avg. current asking prices in CT11
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £495 pcm
(5)
£636 pcm
(18)
£748 pcm
(17)
£845 pcm
(4)
£1,200 pcm
(2)
Flats £449 pcm
(45)
£563 pcm
(45)
£759 pcm
(8)
- -
All £454 pcm
(50)
£584 pcm
(63)
£751 pcm
(25)
£845 pcm
(4)
£1,200 pcm
(2)

Fun facts for CT11

Highest value in CT11
Highest value streets Zed-Index What is the Zed-Index
Sycamore Grange £531,904
Cliff Street £441,236
Royal Esplanade £343,594
Winterstoke Crescent £336,343
Warre Avenue £318,007
Highest turnover in CT11
Highest turnover streets Turnover What is Turnover?
Prices Avenue 54.5%
Syndale Place 50.0%
Weigall Place 46.2%
Brockenhurst Road 42.9%
Wellesley Court 42.9%

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