INVESTMENT OPPORTUNITY - FREEHOLD BLOCK OF FLATS IN CENTRAL MARGATE

This freehold investment opportunity comprises three one bedroom flats arranged over three floors. The block is ideally located for long-term rental...and would even suit a holiday let strategy very well due to the location. This property has the best of Margate quite literally on the doorstep with the beach and Dreamland around a 3 minute walk away, the train station, resurgent 'Old Town' and Turner Contemporary all within a 10 minute walk. Flats 1 and 3 are currently let on Assured Shorthold Tenancies and when fully let the building has an annual rental income of approx £16,800 and at the asking price a yield in the region of 5.2%.

Call Miles & Barr 7 days a week to arrange your internal viewing appointment!!

Room Sizes
Lounge 4.67m x 3.76m (15'4 x 12'4)
Bedroom 3.84m x 3.45m (12'7 x 11'4)
WC 1.37m x 1.07m (4'6 x 3'6)
Kitchen 2.34m x 2.01m (7'8 x 6'7)
Terrace 1.85m x 1.83m (6'1 x 6'0)
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Margate Area Guide

Margate – Shoreditch-on-sea Investment into Margate over the last five years has seen the town undergo a complete revival and it is continually on the up. Many have begun referring to it as Shoreditch on sea for its hip independent stores. Margate has a thriving culture with new cafés, restaurants and a good mix of independent and chain shops continuing to