3 bed flat for sale

Upper Dumpton Park Road, Ramsgate, Kent CT11

For sale by Modern Method of Auction; Starting Bid Price £180,000 plus Reservation Fee.

Versatile Property Offering Investment Potential or Family Home Conversion

An ideal opportunity for investors or those seeking to restore a spacious residence into a family home. This well-presented property is currently divided into two self-contained flats, offering flexible living arrangements. The lower ground floor flat features its own private entrance and direct access to a shared garden, while the ground floor flat is arranged over two levels with access to a communal garden.

Both units are finished to a good standard throughout, making them immediately lettable or move-in ready. Situated in a central and highly convenient location, the property is within walking distance of Ramsgate train station, local amenities, and the Loop bus route. It also falls within the catchment area for several well regarded schools, making it appealing to families and professionals alike.

This property represents a strong investment with immediate rental yield or an excellent opportunity to reconfigure into a single spacious family home.

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. The buyer will pay £349 inc VAT for this pack which you must view before bidding.
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 £7080 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 £450. These services are optional.

Location

Ramsgate is situated on the southerly aspect of the Isle of Thanet and benefits the country’s only Royal Harbour, its status being granted by King George IV in 1821. The distinctive and beautiful harbour has a vibrant yachting community alongside some commercial activity and was where the Little Ships evacuation of Dunkirk set out from in 1940. The town is enjoying something of a Renaissance with its large amount of Grade II Listed property, many set within elegant Regency squares, or overlooking the sea, others with links to or influenced by the architect Augustus Pugin. In recent years the Royal Harbour has seen many restaurants, cafes and bars emerge alongside quirky independent retail outlets, some utilising the arches on the quayside beneath Royal Parade. The town is steeped in history with associations to many well known figures including Queen Victoria, Karl Marx and Vincent Van Gogh as well as having a fascinating network of tunnels beneath the main centre. The fortunes of the town have been hugely assisted by the recent addition of a high speed rail link to London St Pancras making a commute for many a viable option.

Entrance Hall

Leading to:

Kitchen/Diner (12' 6" x 10' 11")

Lounge (13' 7" x 11' 1")

Shower Room (9' 7" x 5' 11")

Basement

Leading to:

Bedroom (9' 7" x 5' 11")

Kitchen/Lounge/Diner (13' 7" x 11' 6")

Shower Room (9' 7" x 5' 11")

First Floor

Leading to:

Bedroom (11' 6" x 9' 5")

Bedroom (13' 7" x 10' 7")