High Street, Ramsgate, Kent, CT11

£545,000Asking price
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Property Information
  • Council Tax: NA
  • EPC Rating: C
Key Features
  • Prime High Street location in Ramsgate
  • Three high-specification residential flats sold as one block
  • Approximately 210 sq m of combined accommodation
  • 7 bedrooms and 5 bathrooms across the three apartments
  • Currently operated as a lucrative Airbnb investment
  • Flexible opportunity for short-term or residential letting
  • EPC Ratings:
  • Flat 1 - C
  • Flat 2 - C
  • Flat 3 - C
Description

PRIME HIGH STREET INVESTMENT – THREE HIGH-SPECIFICATION RESIDENTIAL FLATS

For Sale as a Single Investment – Three Self-Contained Residential Apartments

An exciting opportunity to acquire a substantial block of three beautifully presented residential flats, occupying a prominent position on High Street, Ramsgate.

The property comprises three individually designed and high-specification apartments, providing a combined accommodation of approximately 210 sq m, making this an attractive proposition for investors seeking an established short-term letting operation, longer-term residential income, or a combination of both.

Each apartment has been thoughtfully designed and finished to a high standard, creating contemporary and comfortable accommodation throughout.

Flat 1 – Ground Floor – 93 sq m

The largest of the three apartments, Flat 1 extends to approximately 93 sq m and comprises:

Three well-proportioned bedrooms
Three bathrooms
Large open-plan lounge/dining/living area
Generous and versatile accommodation throughout

The ground-floor position and substantial floor area make this an especially appealing apartment for both short-term and conventional residential letting.

Flat 2 – First Floor – 53 sq m

Extending to approximately 53 sq m, Flat 2 comprises:

Two bedrooms
Large bathroom
Well-designed living accommodation
High-quality contemporary finish

Flat 3 – Top Floor – 64 sq m

The top-floor apartment extends to approximately 64 sq m and comprises:

Two large bedrooms
Large bathroom
Spacious kitchen/diner
Well-appointed living accommodation
High-quality contemporary specification

The property is currently utilised by the owner for short-term Airbnb accommodation across all three apartments, providing a proven and potentially lucrative income stream.

Alternatively, the apartments offer the flexibility to be operated as conventional residential lets, either individually or as a portfolio, providing a range of potential strategies for the incoming purchaser.

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If an offer is accepted on a property marketed by Miles & Barr, all purchasers are required to complete ID verification checks. This is a legal obligation under Anti-Money Laundering Regulations. We use a specialist third-party company to carry out these checks. The fee is £60 (including VAT) per person or £120 (including VAT) if purchasing under a company name, payable once the offer is agreed and before the sales memorandum is issued. Please note that this charge is non-refundable.

Location Summary

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.

Location
Property Calculators
£2,374.20per month

These results are provided by Miles & Barr in partnership with Finamply and are only indicative based on a repayment mortgage product. The interest rate has been assumed to stay the same for the selected mortgage term. Repayments will be subject to the product provided and your circumstances. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Stamp Duty Calculator Tax: £0

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