Flat for sale in Harold Road, Margate CT9
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Investment property
- Producing a yield of 5.3%
- 2 bedroom apartment
- Close to sea front
- Open plan living
- En-suite to master bedroom
- Central heating
- Double glazing
Property description
Investment property currently producing A yield of just over 5.0% - an upper ground floor 2 bedroom apartment located in A popular area. With no chain this good sized apartment will appeal to many, with 2 double bedrooms - one with an en suite, the other with a balcony and an open plan living room/kitchen. There is also a family bathroom and walk-in utility cupboard and video entry system for complete peace of mind. The apartment is double glazed and has central heating and is approx 200m from the sea front. Book your viewing today.
Entrance door into communal Hall
Entrance door to
Entrance Hall With radiator, entry phone, walk-in utility cupboard with space for washing machine
Lounge/ Kitchen
Lounge Area 12'6" (3.81m) x 10'0" (3.05m) not into bay window to front
Kitchen Area 9'5" (2.87m) x 5'10" (1.78m)
Bedroom 1 14'2" (4.32m) x 8'10" (2.69m) with Juliet balcony to rear
En-Suite shower room
Bedroom 2 14'2" (4.32m) x 7'8" (2.34m) doors to balcony to rear
Bathroom
No parking
Lease 125yrs from January 2017
Maintenance Charge £1289 p.a.
Ground Rent £250pa
Ground Rent Increase £250 every 25yrs
Next Schedule Ground Rent Increase 2041
agents note - Photos shown are from before the current tenancy. We understand there is a current section 20 on the building equating to costs approx £13,000, however we have been advised by the current owner they are expecting to meet these costs, subject to a satisfactory offer on the property.
Property info
For more information about this property, please contact
Oakwood Homes, CT9 on +44 1843 306002 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Oakwood Homes, and do not constitute property particulars. Please contact Oakwood Homes 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.