3 bedroom block of apartments
Key information
Features and description
- 3x 1 bedrooms flats
- 1x Commercial unit.
- Freehold block.
- Close to all amenaties
- Currently having a complete exterior decoration
- Great investment opportunity
- Electric Only
- Fire Alarm system in place
Springer Homes are delighted to offer this Freehold building, in the High Street, Margate area. The property has 1x Commercial unit, split over 2 floors & 3x 1 bedroom flats with the top flat having some sea views over margates main sands. Location being on the High Street allows future tenants access to local amenities, close to the train station and the enjoyment of the surrounding entertainment venues like Dreamland and the turner contemporary.
The block consists of
Flat 1 - Currently Tenanted (Earning £550pcm, not market rent)
1 bedroom, bathroom, kitchen lounge & separate WC
Flat 2 - Currently Vacant (Could achieve £750-800pcm rent)
1 bedroom, bathroom & kitchen/lounge
Flat 3 - Currently Vacant (Could achieve £750-800pcm rent)
1 double bedroom, family bathroom & kitchen/lounge area
Commercial Unit.
Spread over 2 floors. Currently Empty
This block is currently undergoing a complete exterior decoration with flats 2 & 3 having a renovation.
The roof was replaced and brand new 2 years ago.
We expect this property to be popular. All enquiries welcome.
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