Get brand editions for Miles & Barr, Margate

2 bedroom flat for sale

Northdown Road, Margate

£79,995

Property Description

Key features

  • 6.9% Yeild
  • Long Term Tenants
  • Great Investment Oppertunity
  • Close to Shops and Bus Routes

Full description

INVESTMENT OPPORTUNITY.....This two bedroom third floor flat is situated on Northdown Road in Cliftonville, Margate very close to all local shops and amenities. The property is being offered for sale with a tenant-in-situ, so a great opportunity to hit the ground running by acquiring a ready-made investment producing an income from day one. The current rental income is at £5520 per annum, which represents a strong yield of just under 7%, with tenants whom the current landlord says have been both 'long term and low maintence'. We have also been advised that the property is registered with the selective licensing scheme.

Call Miles & Barr 7 days a week to arrange your internal viewing appointment!!
***INTERNAL PHOTOGRAPHS COMING SOON***

Cliftonville is a coastal area of the town of Margate, situated to the east of the main town and mainly occupies Georgian and Victorian properties. The area itself is within easy walking distance of the 'Margate Old Town', Turner Contemporary Art Gallery and the Margate railway station which is approximately 2 miles away and offers fast services to Kings Cross, St. Pancras. There are also good road links to London via the A299 Thanet Way and M2 Motorway.

Third Floor -

Lounge/Kitchen - 5.08m x 3.81m (16'8 x 12'6) -

Bedroom One - 3.45m x 2.29m (11'4 x 7'6) -

Bedroom Two - 2.34m x 2.24m (7'8 x 7'4) -

Bathroom -


More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
31 October 2016

Nearest stations

  • Margate (0.9 mi)
  • Westgate-on-Sea (2.4 mi)
  • Broadstairs (2.7 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

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To view this property or request more details, contact:

Miles & Barr, Margate

155-157 Northdown Road, Cliftonville, Margate, CT9 2QY

01843 315070 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Margate (0.9 mi)
  • Westgate-on-Sea (2.4 mi)
  • Broadstairs (2.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Miles & Barr, Margate

155-157 Northdown Road, Cliftonville, Margate, CT9 2QY

01843 315070 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 26603197. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Miles & Barr, Margate. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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