£80,000
1 bed flat for saleNorthdown Road, Margate, Kent CT9
1 bed
1 bath
1 reception
EPC Rating: E
- Chain free
- Auction
- Leasehold
Mann - Ramsgate Sales
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About this property
Studio flat in the heart of Margate
Being sold with tenants in situ
Located on the ground floor
Kitchen and three piece shower room
Large bedroom/ living room
Short walk away from the seafront
Mann are excited to present this excellent investment opportunity located in the centre of Margate. This chain free studio flat is in well presented condition and is also being sold with a tenant in situ.
Upon entrance to the property, there is an entrance hallway, to the right is where you will find a three piece shower room. Furthermore, there is a well maintained kitchen which is situated at the rear of the property. At the front of the residence, you will find the main reception space which is currently being used as a bedroom/ living room.
Externally the property benefits from a communal courtyard garden with rear access.
Internal viewings are highly recommended, please call our Ramsgate office to arrange yours.
Auctioneer Comments
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation
Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information
Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent
information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase
price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the
Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the
service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.
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More information
Tenure
Leasehold (100 years)
Service charge
£600 per year
Council tax band
A
Ground rent
£100
Ground rent date of next review