Synergy Property Associates are pleased to offer for Sale as SOLE SELLING AGENTS this Investment Opportunity being Sold with the Freehold Interest and being located very close to the Sea Front, Town Centre and within a stones throw of Margate Mainline Station.
This Period Conversion consists of 4 x 1 Double Bedroom Apartments currently all rented with a yearly return in excess of �17,000 per annum and rental yield in excess of 6.21 % which can be increased. The Lower Ground and Ground Floor Apartments have their own Garden Areas with each Apartment offering their own uniquness and being all in good condition throughout, with some of the flats still retaining their original features.
Viewing is highly recommended with the property being sold with NO ONWARD CHAIN.
Lower Ground Floor Flat (F1)
Private Entrance to:-
Hallway - 12'6" (3.81m) Max x 6'1" (1.85m) Max
Doors Leading to:-
Bedroom - 12'6" (3.81m) Max x 11'6" (3.51m) Max
Lounge - 16'9" (5.11m) Max x 12'5" (3.78m) Max
Kitchen - 8'1" (2.46m) Max x 7'4" (2.24m) Max
Door to:- Bathroom
Door to:- Courtyard
Bathroom - 8'1" (2.46m) Max x 7'9" (2.36m) Max
Leading up to:-
Door to Flat 2, Stairs Leading Up To Flat 3 and Flat 4
Raised Ground Floor Flat (F2)
Main Door Leading To:- Internal Split Level Flat
All Rooms Leading Off:-
Bathroom - 5'11" (1.8m) Max x 6'2" (1.88m) Max
Lounge - 15'7" (4.75m) Max x 13'6" (4.11m) Max
Bedroom - 11'1" (3.38m) Max x 9'0" (2.74m) Max
Steps Leading To:-
Door To Courtyard
Concrete Laid, Brick Walls Surrounding, Rear Entrance
First Floor Flat (F3)
Main Door Leading To :-
Leads To All Rooms
Open Plan Lounge / Kitchen - 16'11" (5.16m) Max x 13'0" (3.96m) Max
Bay Fronted Window, Sea Views
Bathroom - 5'8" (1.73m) Max x 6'2" (1.88m) Max
Double Bedroom - 10'0" (3.05m) Max x 9'11" (3.02m) Max
Top Floor Flat (F4)
Main Door Leading To:-
Stairs Leading Up To
Open Plan Kitchen Lounge - 12'4" (3.76m) Max x 16'1" (4.9m) Max
Bedroom - 12'2" (3.71m) Max x 10'4" (3.15m) Max
En Suite - 6'2" (1.88m) Max x 5'10" (1.78m) Max
Three Piece Bathroom Suite
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
These are for general guidance only. You are responsible to confirm accuracy by inspection.