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Get brand editions for Cooke & Co, Cliftonville

Cuthbert Road, Westgate-on-sea

PROPERTY TYPE

Flat

BEDROOMS

14

BATHROOMS

4

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Floorplan 1
1

Key features

  • Development opportunity
  • Currently four flats
  • Council tax band: all a
  • Substantial plot
  • Detached property
  • Off street parking
  • Sought after location
  • Epc rating: c,e,d,d
  • Freehold

Description

Rarely available! Cooke and Co are delighted to offer for sale this unique investment opportunity. This substantial detached Period property currently offers an existing income of £54,600 from four self contained flats. Its worth noting that the ground floor .apartment previously had permission to convert into two separate flats , although this has now lapsed. The ground floor flat currently has five bedrooms, its own entrance, garden and parking. The other three flats are all three bedrooms and are extremely spacious. Being located on a corner plot and in a residential location close to the shops and restaurants in Westgate this is an ideal purchase for any discerning investor. Call us today to find out more!

Flat 1

Flat - Three Bedroom First Floor Flat (80sqm)
£1050PCM
Rooms unmeasured

Flat 2

Flat 2 - Three Bedroom First Floor Flat (73sqm)
£1050PCM
Entrance Hallway
Kitchen 11'0 x 6'2
Lounge 13'7 x 10'0
Bedroom 9'6 x 9'5
Bedroom 15'1 x 12'1
Bedroom 11'7 x 7'2
Bathroom

Flat 3

Flat 3 - Three Bedroom Second Floor Flat (81sqm)
£1200PCM
Entrance Hallway
Kitchen 9'0 x 8'8
Bedroom 12'0 x 9'5
Bedroom 10'4 x 10'9
Bedroom
Bathroom
Cloakroom
Lounge 15'1 x 13'1

Flat 4

Flat 4 - Ground Floor Five Bedroom Flat (181sqm)
Flat £1250PCM
Own entrance
Driveway
Private large garden
Hallway
Lounge 19'6 x 14'6
Dining room 15'0 x 14'1
Bedroom 14'7 x 12'6
Bathroom
Bedroom 13'1 x 10'4
Kitchen 15'8 x 12'0
Utility room
Bedroom 14'2 x 12'8
Shower room
Cloakroom
Bedroom 9'0 x 8'8
Bedroom 12'1 x 6'3

EPC's

The EPC attached to this property listing relates to the ground floor flat. For other EPC's for ther other three flats please contact Cooke and Co

Agents Notes

The property is currently achieving approximately £54,600 PA in rent which equates to a gross yield of 7.8%. The vendor informs us that the ground floor flat did have planning to be split into two separate units although we understand this has now lapsed.

Communal Grounds

Communal gardens surrounding the property on three sides. Extensive lawned area with paved areas and sectioned garden for Flat 4. Off Street parking for several cars to the front of Flat 4. Please note that tree preservation orders are in place within the grounds.

Rents

Please be advised that the current annual rent for the block comes in at £54,600 giving an approximate gross yield of 7.8%.

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.
Yes
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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Cuthbert Road, Westgate-on-sea

Approximate location
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Affordability

Monthly repayments£3,511
Property: £ 700,000
Deposit: £ 70,000
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Recently sold & under offer
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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_7332. 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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