About this investment opportunity
- Leasehold
- Turnkey investment
- Tenant in Situ
- Centrally Located
- Ground Floor
- Short Walk to Seafront & close to Station
Expected Rental Return: £7,800
Expected Yield: 6.24%
GREAT INVESTMENT OPPORTUNITY WITH TENANT IN SITU… Miles and Barr are delighted to present to the market this two-bedroom ground floor apartment located in a modern block along Eaton Road, Margate. The building comes with private parking and secure entry phone system. The flat is conveniently located on the ground floor, internally holds two good sized bedrooms, family bathroom, and large open plan lounge/diner.
The home has a good reliable tenant in situ currently and in our opinion represents an excellent turn-key investment, with the apartment being well looked after and achieving an income of £7800 Per Anum, giving an approximate Rental Yield on your investment of 6.24%. The apartment is located a very short walk to the sea front and by extension the Turner Art Gallery, Margate Old Town and of course the high-speed link rail service to Margate Station, as well as being located very close to the historic Dreamland Amusement Park. In our opinion this makes an ideal investment, seaside bolt hole or starter home, so please contact sole agents Miles and Barr Seven days a week to organise your personal appointment today.
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