Vicarage Crescent, Margate
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
614 sq ft
57 sq m
Description
Offered to the market CHAIN FREE, this exciting investment opportunity boasts an impressive current gross rental yield of 10.2% and presents fantastic potential for investors looking to maximise their returns.
Requiring only some basic cosmetic modernisation, this generously proportioned one bedroom lower ground floor apartment offers surprisingly spacious accommodation, complemented by its own charming courtyard garden, a peaceful, tucked away spot rarely found at this price point.
Location is another huge selling point. Perfectly positioned within walking distance of both Margate's vibrant seafront and the Queen Elizabeth The Queen Mother Hospital (QEQM), the property is ideally situated to appeal to a broad rental market.
The apartment includes first-come, first-served parking, adding another practical advantage to this attractive investment and although its detailed as lower ground the light and level in which it sits could be considered ground.
Chain free, spacious, superbly located and already delivering a 10.2% gross yield - this is an opportunity investors should not overlook. Early viewing is highly recommended!
* Virtual staging disclaimer
Some images within this listing have been digitally enhanced or virtually staged to illustrate the property's potential. Furniture, décor, and accessories shown in these images are for visualisation purposes only and are not included in the sale or tenancy. While every effort has been made to represent the property accurately, prospective tenants or buyers should rely on their own inspection to confirm layout, size, and condition.
Council Tax Band: A (Thanet)
Tenure: Leasehold (152 years)
Ground Rent: £0 per year
Service Charge: £600 per year
Brochures
Brochure- 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.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- On street
- GARDENA property has access to an outdoor space, which could be private or shared.
- Enclosed garden
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- No wheelchair access
Vicarage Crescent, Margate
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Visit our security centre to find out moreDisclaimer - Property reference RS0526. 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 Votta Sales & Lettings, Thanet. 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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