5 bedroom block of apartments for sale

A four storey bay-fronted property situated amongst an attractive terrace in the centre of Margate close to local amenities, the old town and Margate's popular seafront.

The property is currently arranged as a one-bedroom flat and a four-bedroom maisonette above, both units are currently let and we understand the existing tenants have been in occupation for many years.

The property could do with some improving and may offer potential for further subdivision subject to all necessary consents being obtainable.

Basement Flat
Entrance hall, living room, kitchen, bedroom and shower room with W.C.
Outside
Garden to rear.
Tenancy
Currently let under the terms of an Assured Shorthold Tenancy Agreement at £450 per calendar month.
EPC Rating
To be confirmed.
Council Tax Band A

Upper Maisonette
Ground Floor
Entrance hall, bedroom one, bedroom two and W.C.
Mezzanine
Bathroom with W.C.
First Floor
Living room and kitchen.
Second Floor
Landing, main bedroom with en-suite shower room with W.C, bedroom four and shower room with W.C.
Tenancy
Currently let under the terms of an Assured Shorthold Tenancy Agreement at £900 per calendar month.
EPC Rating
To be confirmed.
Council Tax Band C

Viewing
External only.

Local Planning Authority
Thanet District Council. Website: thanet.gov.uk. [use Contact Agent Button].

Residential EPC: TBC

Important:
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.

Price Information
*Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at , or contact us on[use Contact Agent Button], in order to stay fully informed with the up-to-date information.

*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to