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Albion Court, Harold Road

£575,000
Added on 26/11/2021
Miles & Barr, Margate
PROPERTY TYPE
End of Terrace
BEDROOMS
×7
BATHROOMS
×4

Key features

  • Turn Key Investment
  • Full Freehold Block
  • Four Flats
  • Central Location
  • High Growth Area
  • Over 7% Yield
  • Refurbished Flats

Property description

Tenure: Freehold

IDEAL INVESTMENT OPPORTUNITY, FULL FREEHOLD OWNERSHIP and potential to develop to the side of the plot subject to local planning permission. Miles & Barr are delighted to present this unique opportunity to prospective investors looking for a 'Turn Key Investment' in a high capital growth area, whilst still comfortably obtaining over a 4.5% yield on your investment. The property is presently let out to good tenants and the achieved rents are bringing in a return of £2375pcm. The block itself consists of three 2-bedroom apartments, one having sole use of the rear garden, and a single 1-bedroom apartment, all of which have all been refurbished to a very high standard and complies with all current Fire Safety regulations, Gas Safe and Electrical Inspections and is fully registered with Thanet District Council and all selective licences are in place! . We believe this represents a keen opportunity for any serious investor, be they adding to an existing portfolio or looking to expand into one of THE high growth investor hotspots in the Country.

Cliftonville is a coastal area in 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.

Flat One -

Lounge - 3.38m x 4.27m -

Bedroom One - 2.49m x 3.10m -

Bedroom Two - 2.18m x 3.10m -

Kitchen - 1.88m x 2.90m -

Bathroom - 1.09m x 1.19m -

Flat Two -

Lounge - 2.95m x 3.38m -

Bedroom One - 3.10m x 3.17m -

Bedroom Two - 2.08m x 3.10m -

Kitchen - 1.78m x 3.38m -

Bathroom - 1.57m x 3.10m -

Flat Three -

Lounge - 3.00m x 3.38m -

Bedroom One - 2.59m x 3.10m -

Bedroom Two - 2.08m x 3.10m -

Kitchen - 1.78m x 3.38m -

Bathroom - 1.78m x 1.88m -

Flat Four -

Lounge - 3.10m x 3.38m -

Bedroom One - 2.59m x 3.10m -

Bedroom Two - 2.08m x 3.10m -

Kitchen - 1.63m x 3.38m -

Bathroom - 1.78m x 1.88m -

Brochures

Albion Court, Harold Road i-PACKMiles and Barr Website

Albion Court, Harold Road

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Margate Station1.2 miles
  • Broadstairs Station2.5 miles
  • Westgate-on-Sea Station2.7 miles
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About the agent

Miles & Barr, Margate

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

What Makes Miles & Barr So Special?

Miles & Barr independent estate agents were established in January 1999 and have expanded to 14 Offices with over 100 Employees. The strengths of the business lie in training and strategic leadership with an ability to deliver high-quality customer care and all-round friendly and trusted service.

Constant innovative Business and Marketing Techniques have enabled us to be one of the Top Selling Agents wherever we operate, as revealed by For S

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Disclaimer - Property reference 31131750. 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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