£270,000 - 3 bedrooms, House - Terraced, Margate - For Sale



Miles and Barr (Cliftonville)
155-157 Northdown Road
Cliftonville
Kent

Agent's Website
0844 257 5050


• FREEHOLD INVESTMENT
• Three self contained flats
• Rental income £18,600 p.a.
• Each one bedroom
• Yield of 6.9%
• Ideally located
*****FREEHOLD INVESTMENT OPPORTUNITY*****

A rare and exciting opportunity to acquire this freehold building comprising three, self-contained one bedroom flats situated on Godwin Road in the popular, up and coming Cliftonville area of Margate. The building is fully occupied to tenants on Assured Shorthold Tenancies and returning an annual rental income of £18,600. Two of the flats benefit from outside space to the rear. The location is ideal for letting or holiday letting with local amenities and the sea front near-by. Dane Park is less than a 10 minute walk and Margate's resurgent 'Old Town' and Turner Contemporary are both within 20 minutes walking distance.

The 'Cliftonville Avenues' are one of Cliftonville s most prestigious locations which boast stunning wide roads down to the sea. The area is mainly occupied by large detached, semi-detached houses and detached bungalows built around 1930's. The area itself is situated upon the door step of many local shops including a large supermarket, bus services across Thanet and many of Margate's stunning golden sandy beaches. Margate railway station is approximately 2 miles away and offers fast services to Kings Cross, St. Pancras. There are also good road links to London via the A299 Thanet Way and M2 Motorway.

Call Miles & Barr 7 days a week for more information or to arrange your internal viewing appointment!!

Lower Ground Floor Flat

Lounge

4.34m x 3.58m (14'3 x 11'9)

Kitchen

3.61m x 3.38m (11'10 x 11'1)

Bedroom

6.86m x 2.59m (22'6 x 8'6)

Bathroom

3.73m x 1.52m (12'3 x 5'0)

Courtyard

Ground Floor Flat

Lounge

4.78m x 4.19m (15'8 x 13'9)

Kitchen

3.96m x 3.89m (13'0 x 12'9)

Inner Hall

Bedroom

4.42m x 2.67m (14'6 x 8'9)

Shower Room

2.26m x 1.12m (7'5 x 3'8)

Rear Garden

First Floor Flat

Hallway

Lounge/Kitchen

5.72m x 4.93m (18'9 x 16'2)

Bedroom

4.01m x 3.68m (13'2 x 12'1)

Bathroom

3.89m x 2.67m (12'9 x 8'9)


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