Flat 7 Sea Court, The Passage, Margate CT9 1AF
- PROPERTY TYPE
Flat
- BEDROOMS
1
- SIZE
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Key features
- To be offered on Tuesday 27 February
- Subject to an Assured Shorthold Tenancy
- Currently producing £6,780 p.a.
- Approximately 495 sq ft (46 sq m)
- Private Gated Development
- Close to Margate old town, Margate rail station and Margate Beach.
- Guide price reflects an NIY of 9.68%
Description
StrapLine
Auction Sale - 27/02/2024Of interest to investors. Self contained leasehold first floor flat in Margate. Currently producing £6,780 p.a.
Description
A one bedroom self contained flat currently let and producing £6,780 per annum.
The property comprises an open plan reception room/kitchen. bedroom, bathroom and balcony.
The property is located on Sea Court, The Passage which runs off the east side of Zion Place (B2055) and close to the Margate seafront. Margate old town is less than 0.5 miles away and provides an extensive range of shops and local amenities.
Transport
- Margate station is approximately 1 mile away and provides regular services to London's Victoria and St Pancras International stations.
- The A28 is within easy reach and provides access to the A2 and the M2 motorway.
Accommodation
Open plan Reception Room/Kitchen through to Balcony, Bedroom, Bathroom/WC• Lease with approximately 107 years remaining - 495 sq ft (46 sq m)
Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.
For details of the leasehold, including the length of lease, annual service charge and ground rent, please contact the agent
Energy performance certificate - ask agent
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
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Flat 7 Sea Court, The Passage, Margate CT9 1AF
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Margate Station0.9 miles
- Westgate-on-Sea Station2.4 miles
- Broadstairs Station2.9 miles
About the agent
Savills Auctions, London
33 Margaret Street London W1G 0JD
Savills Auctions are specialist residential and commercial property auctioneers with an unrivalled depth of experience and market knowledge.
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 146-9807. 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 Savills Auctions, London. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Savills Auctions, London on 020 3909 6715.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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