Lot 42: FREEHOLD RESIDENTIAL INVESTMENT

Sold £184,000

A substantial four storey building located close to the seafront and town centre. The property is arranged as two well-proportioned maisonettes each with a gas heating system via radiators.

It is considered there may be potential for further sub-division of the premises to provide a greater number of residential units. Any sub-division will be subject to all necessary consents being obtainable.

Interested applicants are advised to make their own enquiries with the Local Planning Authority, Thanet District Council. Tel: 01843 577000. Website: thanet.gov.uk.

Lower Ground Floor

Flat 1

Private entrance to front, entrance hall, two bedrooms and shower room with W.C.

Mezzanine Floor

Kitchen leading to rear courtyard.

Upper Ground Floor

Living/dining room.

Tenancy

Let on an Assured Shorthold Tenancy at a current rental of £525 per calendar month.

Upper Ground Floor

Flat 2

Communal entrance to front.

Mezzanine Floor

Bathroom with W.C.

First Floor

Landing, living room and kitchen.

Second Floor

Landing and two bedrooms.

Tenancy

Let on an Assured Shorthold Tenancy at a current rental of £525 per calendar month.

Viewing

Strictly by prior confirmed appointment with the Auctioneer’s Office. Interested applicants are required not to contact the tenants directly.

Residential EPC: D