2 bed flat for sale

Flat 4D Arlington House, All Saints Avenue, Margate, Kent CT9

Guide Price = £35,000-£75,000

**For Sale By Public Auction 6th August 2025 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**

A Fourth Floor Two Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £10,800 Per Annum

Tenure
Leasehold. The property is held on a 114 year lease from 1st October 1961 (thus approximately 50 years unexpired).

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

Description
The property comprises a fourth floor two bedroom flat situated within a purpose built block arranging over ground and seventeen upper floors.

Accommodation
Fourth Floor
Reception Room with Open-Plan Kitchen
Two Bedrooms
Bathroom

Tenancy
The property is subject to an Assured Shorthold Tenancy at a rent of £10,800 per annum.

Further Information
When purchasing a flat that has a short lease, it is important to understand that in addition to the purchase price, if you wish to extend the lease to 90+ years, you will need to pay a premium to the freeholder. This is done by way of serving a Section 42 notice to the freeholder requesting a lease extension with a suggested price for the extension. The freeholder has the right to refuse the offer and submit a counter notice with their suggested price. If you do not fully understand this process, please ask the auctioneers or a solicitor.

EPC Rating
D


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