Get brand editions for Terence Painter Estate Agents, Broadstairs

1 bedroom commercial property for sale

Ethelbert Terrace, Cliftonville, Margate, Kent

£950,000

Property Description

Full description

Tenure: Freehold

SEA FRONT INVESTMENT PROPERTY PRODCUCING CIRCA £42,300 P.A.
This sea facing investment property is comprised of ten one bedroom flats, all of which are currently let on assured shorthold tenancies. Overlooking the Lido at Cliftonville, with far reaching sea views from many of the flats, the property is within a few hundred metres of the shops and amenities of Northdown Road and within half a mile of Margate's Main Sands and the Turner Contemporary. The property currently produces in the region of £42,300 gross rental income per annum.

Property ref: 121_594_4609765


Accommodation 
The property comprises two adjoining five storey buildings, each arranged with one, one bedroom flat per floor. The properties benefit from a shared garden to the rear accessed via the communal areas of both properties. The two lower ground floor flats have private entrances at the front and small courtyard areas to the rear.

Flat No. 5 
Sample Flat Accommodation

Hallway 
With coved ceiling and radiator.

Kitchen 
3.16m x 1.91m (10' 4" x 6' 3") With double glazed window to the front with sea views. Fitted with a range of base and wall units. Single drainer stainless steel sink unit inset to work surface area. Integrated electric oven with gas hob over and extractor above. Coved ceiling, radiator.

Lounge 
4.10m narrowing to 3.14m x 3.44m (13' 5" narrowing to 10' 3'' x 11' 3") With double glazed window to the rear. Coved ceiling, radiator and television point.

Bedroom 
3.30m x 3.18m (10' 10" x 10' 5") With double glazed window to the front with sea views. Double radiator, coved ceiling.

Bathroom 
Fitted with panelled bath, pedestal wash hand basin and low level W.C. Half tiled to walls, extractor, radiator, coved ceiling.

Agents Note: 
The property falls within the local Selective Licencing area for private Landlords and we are advised that the property currently complies.

EPC, Floor Plans & photos 
A sample EPC and floor plans are attached. Internal photos shown are of flats 5 & 10.

More information from this agent

Nearest stations

  • Margate (0.9 mi)
  • Westgate-on-Sea (2.4 mi)
  • Broadstairs (2.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Terence Painter Estate Agents, Broadstairs

Prospect House, 44 High Street, Broadstairs, CT10 1JT

01843 315055 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.

Floorplans


To view this property or request more details, contact:

Terence Painter Estate Agents, Broadstairs

Prospect House, 44 High Street, Broadstairs, CT10 1JT

01843 315055 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 (2.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Terence Painter Estate Agents, Broadstairs

Prospect House, 44 High Street, Broadstairs, CT10 1JT

01843 315055 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 4609765. 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 Terence Painter Estate Agents, Broadstairs. 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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