5 bedroom terraced house for sale
Key information
Property description & features
- Investment Opportunity
- Three Flats (All Let on ASTs)
- Set Over Four Floors
- Yield: Over 5%
- Proven Income Stream
- Strategic Location
- Call to View and Expand Your Portfolio
- Offers over £375,000
Seize the opportunity to elevate your property portfolio with this remarkable offering on Station Road, Margate. This freehold terraced house, strategically positioned just moments away from the iconic Margate seafront, promenade, and Railway Station, presents a lucrative investment proposition.
Don't miss the chance to add this promising investment to your portfolio. Call Zest Homes on[use Contact Agent Button] to schedule a viewing and explore the potential of this freehold property with three let flats.
Secure your position in the thriving Margate property market and capitalize on the steady income and future growth potential this unique offering provides. Act now and make this investment work for you!
Key Features - Location: Station Road, Margate
Investment Type: Freehold Terraced House with Three Flats (All Let on ASTs)
Yield: Over 5%
Room for Growth: Potential to increase yields by aligning rents with current market rates in the area
Tenure: Freehold -
The Flats - One-Bedroom Basement Flat with Garden: A private haven, this flat offers a one-bedroom retreat with the added bonus of a garden, providing a tranquil escape for the tenant.
One-Bedroom Ground Floor Flat: Ideal for convenient living, this ground floor flat is attractively designed for comfort and accessibility.
Spacious Two-Bedroom Flat Over Two Floors: Boasting a large lounge with captivating sea views and a dedicated study, this expansive flat is set over two floors, offering both space and style.
Investment Highlights - Proven Income Stream: All three flats are currently let on Assured Shorthold Tenancies (ASTs), ensuring a consistent and reliable income.
Strategic Location: Situated just a stone's throw from the Margate seafront, promenade, and the Railway Station, this property enjoys a prime location that enhances its investment appeal.
Yield Potential: With a yield exceeding 5%, and room for growth by aligning rents with current market rates, this investment promises a favorable return on investment.
Epc Ratings - Basement Flat Rating EDue To Expire: 1 March 2033
Flat 2 Rating DDue To Expire: 8 March 2033
Flat 3 Rating EDue To Expire: 1 March 2033
Council Tax Bands A - FLAT 1 BandAThanet District Council
FLAT 2 BandAThanet District Council
FLAT 3 BandAThanet District Council
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