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Athelstan Road, Margate

Key features

  • Investment opportunity
  • 2 x 1 bedroom & 2 x 2 bedroom flats.
  • Council tax bands: a
  • Communal gardens
  • Current income £38,100 pa
  • Character property
  • 48 hours notice to view minimum
  • Stones throw from the sea
  • Epc rating: c & d
  • Freehold

Description

Looking for a ready-made investment in the heart of Cliftonville?
This attractive period property presents an excellent opportunity to acquire a freehold block of four flats, all currently tenanted and generating an annual rental income of £38,100. The building comprises two x two bedroom apartments and two x one bedroom flats, all benefiting from gas central heating, double glazing, and access to a communal garden.

Situated in a sought-after location, this characterful property offers strong rental returns with an immediate income stream.

For further details or to arrange a viewing, please contact us today via our website or call our office.

Please note: A minimum of 48 hours notice is required for viewings.

Flat 1

Lower Ground Floor - Current Rent £725pcm - EPC Rating: C

Entrance Porch 3'1" x 3'1"

Lounge/Diner 18'6" x 16'6"
Double glazed bay window to the front. Radiator. Power points. TV point.

Inner Hallway
Doors leading to:

Bedroom 12'2" x 9'2"
Double glazed window to the rear. Radiator. Power points.

Bathroom 8'2" x 5'7"
Panelled bath, low-level WC, wash hand basin, extractor fan, and radiator.

Kitchen 10'4" x 8'2"
Fitted with a range of wall and base units with a complementary work surface. Stainless steel sink unit with mixer tap and drainer. Integrated oven with extractor over. Space for washing machine and fridge. Boiler. Power points. Radiator.
Door to rear leading to:

Courtyard Steps leading to the communal garden.

Flat 2

Ground Floor - Current Rent £650pcm - EPC Rating: D

Entrance

Hallway with doors leading to:

Lounge 14'1" x 13'7"
Double glazed bay window with sea view to the side. Radiator. Power points.

Bedroom 10'9" x 9'7"
Double glazed window to the rear. Radiator. Power points.

Kitchen 10'7" x 5'5"
Fitted with a range of wall and base units with a complementary work surface. Stainless steel sink and drainer unit. Space for oven with extractor over. Space for washing machine and fridge. Wall-mounted boiler. Power points. Radiator. Double glazed window to the rear.

Bathroom 9'6" x 5'6"
Panelled bath, low-level WC, wash hand basin, extractor fan, and radiator.

Flat 3

First Floor - Current Rent £750pcm - EPC Rating: C

Entrance

Hallway with doors leading to:

Lounge 13'4" x 13'3"
Double glazed windows to the front. Double glazed door to the front leading onto balcony. Radiator. Power points.

Kitchen 6'9" x 9'9"
Fitted with a range of wall and base units with a complementary work surface. Stainless steel sink and drainer unit. Space for oven with extractor over. Space for washing machine and fridge. Wall-mounted boiler. Power points. Radiator.

Bedroom 13'4" x 9'2"
Radiator. Power points. Double glazed window to the front. Double glazed door to the front leading to the balcony.

Bedroom 10'6" x 8'5"
Double glazed window to the rear. Power points. Radiator.

Bathroom 6'3" x 6'3"
Panelled bath, low-level WC, wash hand basin, and radiator.

Flat 4

Second Floor Current Rent £750pcm - EPC Rating: C

Entrance

Stairs leading to a split-level landing. Loft hatch. Doors to:

Lounge 13'5" x 11'
Double glazed window to the front. Radiator. Power points. Door to:

Kitchen 10'5" x 7'7"

Fitted with a range of wall and base units with a complementary work surface. Stainless steel sink and drainer unit. Space for oven with extractor over. Space for washing machine and fridge. Wall-mounted boiler. Power points. Radiator. Double glazed window to the front. Loft hatch.

Bedroom 1 12'6" x 9'9"
Double glazed window to the rear. Radiator. Power points.

Bedroom 2 10'9" x 8'6"
Double glazed window to the rear. Radiator. Power points.

Bathroom 6'1" x 6'
Panelled bath, low-level WC, wash hand basin, extractor fan, and radiator.

Communal Garden

Access via the rear door on the ground floor.

Brochures

Full Property Details
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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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Athelstan Road, Margate

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About Cooke & Co, Cliftonville

147 Northdown Road, Cliftonville, Margate, CT9 2QY
Industry affiliations:

About Cooke & Co and our history

If you are looking for a long standing, highly experienced and trusted estate agency in Thanet, Kent , then visit Cooke and Co.

Managing owner Damien Cooke started the business in 1992 in Cliftonville and has subsequently expanded the organisation with offices now in Broadstairs, Ramsgate, a display office in Birchington and an associate office in Park Lane London . Damien knows the importance and value of a professional team and have selected some of the best property professionals. Their honesty, experience, local knowledge, customer service and accountability blend seamlessly with the ethos that the company was founded on. Many of the team have been with the company for over 10 years or more giving continuity for our clients and often building relationships and friendships that will last a lifetime. You can be confident they will give you a friendly and efficient service, be very knowledgeable about the area and property processes in a friendly no pressure manner when selling or renting property.

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Disclaimer - Property reference COOKEANDCO_6276. 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 Cooke & Co, Cliftonville. 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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