Pair of a three storey properties both up for auction to be offered as individual lots.
This building is divided into two flats and both have separate entrances, the building has an alleyway leading to a rear garden. Margate railway station, with its high-speed train service to London, is a short distance away.
Margate has a popular seafront and Old Town, therefore the flats could be used as holiday lets in the future. Alternatively, the flats could be sold off separately and we understand the current rentals are below market prices, so there could be potential to increase the yield. Each flat has its own meters, double glazing and a gas heating system via radiators.
135A Ramsgate Rd Lower Ground Floor Flat
Private lower ground floor entrance, entrance hall, living room, dining room, kitchen, utility room and bathroom with W.C.
First Floor
Bedroom.
Outside
Courtyard garden to the front and rear.
Council Tax Band A
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £540 per calendar month.
135B Ramsgate Rd
Upper Ground Floor Maisonette
Private upper ground floor entrance, entrance hall, living room, kitchen and bathroom with W.C.
Top Floor
Two rooms (front and rear bedrooms).
Outside
Courtyard garden to the rear.
Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £145 per week, the rent is paid every four weeks.
Council Tax Band A
Auctioneers Note
137 Ramsgate Road is also offered in the auction as Lot 64.