Lot 79 Freehold Block For InvestmentAuction Date:
11th December 2025
23 Belgrave Road, Margate, Kent, CT9 1XG
Currently let at £6,120 per annum plus three vacant flats
Key Features
A four-storey freehold block of flats located in the centre of Margate, adjacent to Dreamland and a short distance from Margates popular seafront, Old Town and the mainline railway station.
The building is arranged as four one-bedroom flats, three are vacant and one is let on an Assured Shorthold Tenancy. Each of the flats have separate leases created and will be included in the sale.
Lower Ground Floor
23A Belgrave Road
Rear private entrance, entrance hall, kitchen, living room, bedroom and bathroom with W.C.
Tenancy
Currently Vacant
EPC Rating D
Council Tax Band A
Ground Floor
Communal entrance.
23B Belgrave Road
Entrance hall, kitchen, living room, bedroom and bathroom with W.C.
Tenancy
Currently vacant
EPC Rating C
Council Tax Band A
First Floor
23C Belgrave Road
Entrance hall, kitchen, living room, bedroom and bathroom with W.C.
Tenancy
Currently vacant.
EPC Rating E
Council Tax Band A
Second Floor
23D Belgrave Road
Entrance hall, kitchen, living room, bedroom and bathroom with W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £510 per calendar month.
EPC Rating E
Council Tax Band A
Freehold with Part Vacant Possession
There is an addendum available to be read
in conjunction with the legal documentation.
Important
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.
* Price Information
Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).
We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.
Additional Fees
An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.
All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to Buyers Fees
