For sale by Modern Method of Auction; Starting Bid Price £150,000 plus Reservation Fee.

NO FORWARD CHAIN - IDEAL INVESTMENT PURCHASE

Nestled in a central location, this 2-bedroom mid-terraced house presents a rare investment opportunity with no forward chain. Ideal for those seeking a project, this mid-terrace family home offers ample potential for modernisation. The ground floor comprises a lounge, dining room, kitchen, and bathroom, while the first floor hosts two bedrooms.

With its convenient proximity to the Town centre and Sea front/Royal harbour, this property boasts a prime position for both residential and rental purposes.

Additionally, the rear courtyard garden provides a private outdoor space, completing the charm of this promising prospect.

Whether as a permanent residence or a buy-to-let venture, this property is a must view.

This property is constructed of Brick and Block and has no adaptations for accessibility

Auctioneer Comments

This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The buyer will pay £300 inc VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £7,080 inc VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty. Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450. These services are optional.

Location

Ramsgate is situated on the southerly aspect of the Isle of Thanet and benefits the country’s only Royal Harbour, its status being granted by King George IV in 1821. The distinctive and beautiful harbour has a vibrant yachting community alongside some commercial activity and was where the Little Ships evacuation of Dunkirk set out from in 1940. The town is enjoying something of a Renaissance with its large amount of Grade II Listed property, many set within elegant Regency squares, or overlooking the sea, others with links to or influenced by the architect Augustus Pugin. In recent years the Royal Harbour has seen many restaurants, cafes and bars emerge alongside quirky independent retail outlets, some utilising the arches on the quayside beneath Royal Parade. The town is steeped in history with associations to many well known figures including Queen Victoria , Karl Marx and Vincent Van Gogh as well as having a fascinating network of tunnels beneath the main centre. The fortunes of the town have been hugely assisted by the recent addition of a high speed rail link to London St Pancras making a commute for many a viable option.

Room Sizes