£230,000
2 bed flat for saleCanterbury Road, Margate CT9
2 beds
1 bath
1 reception
EPC Rating: B
Just added
Leasehold
About this property
EPC Rating - B
Lift To Apartment
Close to Local Amenities
Modern Apartment
0.3 Miles to Train Station
First Floor
Tenant in Situ
Annual Rental income of £13,860
Situated along the bustling thoroughfare leading to Margate’s Main Sands, this expansive first floor two Bedroom apartment presents an excellent investment opportunity, currently generating an annual rental income of £13,860 per annum. The entrance is accessed through an intercom system, leading into a communal hall equipped with both stairs and a lift for added convenience.
Upon entering the apartment, a spacious Hallway unfolds, providing access to all rooms. To the front, a generously sized Living Room welcomes you. Seamlessly connected to the well appointed Kitchen featuring fitted wall and base units, an electric oven, electric hob, built-in fridge/freezer, and dishwasher. Adjacent to the Living Room is one of the double Bedrooms, offering a comfortable retreat.
On the opposite end towards the rear, you’ll discover the second double Bedroom and the fully tiled Bathroom. This boasts a cohesive three-piece suite, complete with a head-over-shower, washbasin, and WC, ensuring both style and functionality.
Don’t miss the opportunity to secure this impressive investment. Contact us for more details or to arrange a viewing.
* Please note that the photos shown were taken before the current tenants had occupied the apartment, so may look different now *
Upon entering the apartment, a spacious Hallway unfolds, providing access to all rooms. To the front, a generously sized Living Room welcomes you. Seamlessly connected to the well appointed Kitchen featuring fitted wall and base units, an electric oven, electric hob, built-in fridge/freezer, and dishwasher. Adjacent to the Living Room is one of the double Bedrooms, offering a comfortable retreat.
On the opposite end towards the rear, you’ll discover the second double Bedroom and the fully tiled Bathroom. This boasts a cohesive three-piece suite, complete with a head-over-shower, washbasin, and WC, ensuring both style and functionality.
Don’t miss the opportunity to secure this impressive investment. Contact us for more details or to arrange a viewing.
* Please note that the photos shown were taken before the current tenants had occupied the apartment, so may look different now *
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Monthly repayment
£1,150 per month
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More information
Tenure
Leasehold (116 years)
Service charge
£1,800 per year
Council tax band
Ground rent
£250
Ground rent date of next review



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