£73,499 - 1 bedroom, Apartment - Studio, Margate - For Sale



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

Agent's Website
0844 257 5050


• INVESTMENT OPPORTUNITY
• Studio apartment
• Tenant-in-situ
• Rental income £4,500 p.a.
• 6% yield
• Popular location
TURNKEY INVESTMENT OPPORTUNITY - STUDIO APARTMENT

Offered with tenant-in-situ this studio apartment is situated on Surrey Road in the resurgent Cliftonville area of Margate. Representing a 'turnkey' investment opportunity with a rental income from day one, this property is great value in an up-and-coming area of Margate. Occupying a third floor position the internal accommodation comprises; communal entrance, stairs and landing leading up to a private hallway with spacious lounge/ bed-sitting room, kitchen and bathroom. The location is ideal for a range of buying needs being close to all essential amenities and literally a stones throw from the sea front. The property would also suit future use as a bolthole/ weekend retreat or for holiday letting.

Call Miles & Barr 7 days a week to arrange your internal viewing appointment!!

Cliftonville is a coastal area in the town of Margate, situated to the east of the main town and mainly occupies Georgian and Victorian properties. The area itself is within easy walking distance of the 'Margate Old Town', Turner Contemporary Art Gallery and the Margate railway station which 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.

First Floor

Entrance

Landing

Lounge

5.84m x 3.58m (19'2 x 11'9)

Kitchen

3.40m x 2.13m (11'2 x 7'0)

Bathroom

2.69m x 1.42m (8'10 x 4'8)


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