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8 bedroom block of apartments for sale

Cliftonville Avenue, Margate

Sold STC £400,000

Property Description

Full description

INVESTMENT OPPORTUNITY WITH AN ESTIMATED YIELD OF 7%! Calling all investors! A chance to purchase a substantial semi detached building with 4 individual good sized flats. The property has one 2/3 bedroom ground floor flat with a garden, and three further two bedroom flats above with one on each floor. It is estimated that they could all be rented out for an income of approx £28,500 per annum producing a healthy yield. Early viewing is a must to appreciate the size of the property and this fantastic opportunity.

FLAT 1, GROUND FLOOR

Entrance door into:-

Entrance Hall

Sitting Room 27'4" (8.33m) x 10'5" (3.17m).

Kitchen 12'6" (3.81m) x 11'9" (3.58m).

Bedroom 1 15'8" (4.78m) x 12'6" (3.81m) into bay window.

Bedroom 2 13'5" (4.09m) x 12'2" (3.71m).

Shower room

Bedroom 3 Accessed via kitchen stairs. 8'10" (2.69m) x 8'2" (2.49m).

EPC Rating E.
1,227 Square feet

FLAT 2

Entrance door to:-

Entrance Hall

Sitting Room 14' (4.27m) x 10'3" (3.12m).

Kitchen/Breakfast Room 13' (3.96m) x 12'10" (3.91m).

Bedroom 1 13'5" (4.09m) x 10'5" (3.17m).

Bedroom 2 13' (3.96m) x 6'8" (2.03m).

EPC Rating D
635 Square feet

FLAT 3, SECOND FLOOR

Entrance door to:-

Entrance Hall

Sitting Room 14' (4.27m) x 10'3" (3.12m).

Kitchen/Breakfast Room 13' (3.96m) x 12'10" (3.91m).

Bedroom 1 13'5" (4.09m) x 10'5" (3.17m).

Bedroom 2 13' (3.96m) x 6'8" (2.03m).

Shower Room

EPC Rating D
710 Square feet

FLAT 4, THIRD FLOOR

Entrance door to:-

Entrance Hall

Sitting Room 14' (4.27m) x 11'2" (3.40m).

Kitchen/Breakfast Area 12'4" (3.76m) x 10'8" (3.25m).

Bedroom 1 11'9" (3.58m) x 10'6" (3.20m).

Bedroom 2 17'2" (5.23m) x 17' (5.18m).

Shower Room

EPC Rating D
721 Square feet

Agent's Note None of the appliances or services have been tested and prospective purchasers should satisfy themselves as to their condition.


More information from this agent

Listing History

Added on Rightmove:
08 August 2016

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