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020 |
| 18 WESTBROOK GARDENS, MARGATE, KENT, CT9 5DJ |
Guide: £140,000 - £150,000 |
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FREEHOLD RESIDENTIAL INVESTMENT WITH GROUND RENT
On the instructions of the LPA Receivers - Currently Let At: £12,800 Per Annum
An attractive end-terrace property with sea views from the first and second floors situated in a popular residential area close to the seafront and Westgate-on-Sea.
The property is currently arranged as two well presented maisonettes and a flat which has been sold on a long leasehold basis located and accessed via a private rear entrance. The remaining flats are considered suitable for continued investment or, perhaps, re-sale as separate units. Each unit also has double glazing and a gas heating system via radiators.
Ground Floor
Communal entrance hall.
Maisonette 1
Ground Floor
Entrance hall, lounge, two bedrooms and bathroom.
Lower Ground Floor
Kitchen.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £125 per week.
Flat 2
Tenure
Sold on a 125 year lease from 1st January 2008.
Maisonette 3
First Floor
Entrance hall, lounge and kitchen.
Second Floor
Landing and two bedrooms.
Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £525 per calendar month.
Outside
Front forecourt.
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