Get brand editions for Miles & Barr, Margate

10 bedroom commercial property for sale

Dane Valley Road, Margate

£525,000

Property Description

Key features

  • INVESTMENT OPPORTUNITY
  • Great location
  • Rental income of 31,200
  • Fully occupied
  • Yield > 6%

Full description

*****INVESTMENT OPPORTUNITY*****
This is a rare and exciting opportunity to acquire a freehold development situated on Dane Valley Road in Margate. The development comprises; a four bedroom house and three flats, each having two bedrooms. The properties are fully occupied with tenants on Assured Shorthold Tenancies and returning an annual rental income of £31,200 with the potential to increase the rents to around £32,400 p.a. The site also includes ample parking space to the rear.

Margate is a fantastic seaside town and includes the outlying areas of Cliftonville, Garlinge, Palm Bay and Westbrook. The energy surrounding Margate is palpable, the town boasts a world class Art Gallery - the Turner Gallery, the UK's original pleasure park - 'Dreamland', has fast Rail links into London - Kings Cross, St. Pancras and of course not forgetting the stunning sandy beaches and sparkling bays. You are within a 10-minute drive to the neighbouring towns which are Broadstairs, Ramsgate and Birchington. There are also good road links to London via the A299 Thanet Way and M2 Motorway.

Call Miles & Barr 7 days a week to arrange your internal viewing appointment!!


More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • Margate (1.3 mi)
  • Broadstairs (1.9 mi)
  • Dumpton Park (2.6 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.

Map & Street View

Nearest stations

  • Margate (1.3 mi)
  • Broadstairs (1.9 mi)
  • Dumpton Park (2.6 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 26652806. 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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