Get brand editions for Cooke & Co, Cliftonville

10 bedroom block of apartments for sale

Surrey Road, Margate, Kent

£675,000

Property Description

Key features

  • Freehold Block Of Flats
  • Five x Two Bedrooms
  • Council Tax Band A
  • No Forward Chain
  • Annual Income 31,200 p/a
  • Monthly Rent of 520 Per Flat
  • Gardens & Balconies
  • Period Conversion
  • EPC Rating: C
  • Freehold

Full description

Cooke & Co are please to offer this investment block of freehold flat being sold with no forward chain. This period conversion has been divided into five, two bedroom apartments. Four of these apartments have access to outside space via a garden or a balcony. They are all currently rented for an annual total of £31,200 per annum which gives an approx yield of 4.6% however the rents could be increased in line with the market trend. Further benefits include double glazing and gas fired central heating. If you are looking for a ready made investment property with immediate income immediate income please contact Cooke & Co on 01843 231833 or visit our website www.cookeandco.com to make your appointment to view.

Flat 1 - This is a 2 bedroom split level flat located on the ground floor. This apartment has access to a private veranda.

Flat 2 - This is a 2 bedroom ground floor flat on one level. This apartment has access to a private courtyard garden.

Flat 3 - This is a 2 bedroom ground floor. This apartment has access to a good sized private garden.

Flat 4 - This is a 2 bedroom apartment set on the first floor. This apartment has access to two balconies one at the front and one at the rear of the building.

Flat 5 - This is a 2 bedroom apartment set on the second floor. This apartment has no balcony or outside space.

Additional Information - This building is being sold with the freehold.
We have been advised by the current owner of the following;
All the flats all guaranteed rent from Omega Lettings for £520 per month. However, all AST contracts have expired therefore the current rents could be increased in accordance to the market trend.

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More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
14 June 2018

Nearest stations

  • Margate (1.4 mi)
  • Broadstairs (2.4 mi)
  • Westgate-on-Sea (2.9 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Cooke & Co, Cliftonville

147 Northdown Road, Cliftonville, Margate, CT9 2QY

01843 315043 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Cooke & Co, Cliftonville

147 Northdown Road, Cliftonville, Margate, CT9 2QY

01843 315043 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Margate (1.4 mi)
  • Broadstairs (2.4 mi)
  • Westgate-on-Sea (2.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Cooke & Co, Cliftonville

147 Northdown Road, Cliftonville, Margate, CT9 2QY

01843 315043 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 27954301. 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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