Block of flats for sale in Edgar Road, Margate CT9

£725,000
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Block of flats for sale - 13 bedrooms

13 3

Tenure:
Freehold
Council tax band:
Not available

Property features

  • 7 bed house + three 2 bed apartments
  • Ready made investment
  • Income of £50,000 per annum
  • Tenants already in situ
  • Sought after location
  • Close to local amenities

Property description

Buy to let investment opportunity. Being offered to market with tenants in situ or vacant possession, this is a ready-made investment you cannot afford to miss.

Two joined terraced buildings with the layout as follows:

Number 14 Edgar Road comprises 7 bedrooms, 2 bathrooms, kitchen, large living room, and separate dining room. Potential annual income in the region of £20-25,000 per year.

Number 15 comprises 3 self-contained apartments - a 2 bedroom apartment and two 3 bedroom apartments currently generating £25-30,000 annual income, representing a healthy yield.

Properties in this area have high rental demand and historically sell quickly so early viewing is highly recommended.

Property Ownership Information

Tenure

Freehold

Council Tax Band

D

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Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing.

If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.

Property info

Floorplan(s): Floor Plan

Floor Plan View original

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For more information about this property, please contact
Purplebricks, Head Office, B90 on +44 24 7511 8874 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Purplebricks, Head Office, and do not constitute property particulars. Please contact Purplebricks, Head Office for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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