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2 bedroom flat for sale

Northdown Road, Margate


Property Description

Key features

  • 7.3% 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 very strong yield of 7.3%, with tenants whom the current landlord says have been both 'long term and low maintenance'. 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!!

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

Map & Street View

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