Offers in region of
£100,000
1 bed flat for sale124 High Street, Ramsgate CT11
1 bed
1 bath
1 reception
EPC Rating: E
About this property
Ideal investment + 5% yield
1st floor large studio flat
Separate bedroom
Central ramsgate
1 parking space
Close to town centre / beach and mainline station
Integrated oven
Electric heating
Chain free
Long lease
TMS Estate Agents are pleased to offer to the market this exceptionally large and well presented Studio Apartment situated in central Ramsgate with Parking ! The apartment has an open plan living and kitchen area, there is a separate sleeping area, and modern shower room. The kitchen area has plenty of storage, double oven, hob, and integrated refrigerator.
The bedroom area has room for plenty of storage and the modern shower room is off of here, the entrance hall of the apartment has a washing machine and storage space, the living area opens out to a balcony,
There is parking to the rear for 1 car and the flat benefits from electric heating.
The apartment is an ideal rental investment currently tenanted for £750pcm for it which offers a yield of 9%
The vendor has advised us that the lease was 125 years in 2017 and the ground rent is £250pa
Situated in central Ramsgate with easy access to the High Street and Royal Harbour and the mainline station with fast links to London St Pancras, this lovely apartment is perfectly situated for everything you might need. The Royal Harbour is just a short walk away where you can enjoy the spectacular scenery from the comfort of one of the many bars, restaurants and bijou cafes available. If you enjoy walking there are lovely clifftop walks to Broadstairs and Pegwell Nature Reserve.
Call TMS Estate Agents on to book your accompanied viewing.
Communal Entrance
Stairs to first floor
Apartment
Entrance Hall
Hard wood door, utility area with storage and space and plumbing for a washing machine
Bed Area (3.05 x 3.43 (10'0" x 11'3"))
Spacious enclosed bed area with fitted carpet and electric heater - door to shower room.
Lounge / Kitchen (5.61 x 3.77 (18'4" x 12'4"))
Open plan with fitted kitchen wall drawer and base units, single drainer stainless steel sink and mixer taps, integrated electric hob, oven and extractor and breakfast bar, fitted carpet to lounge area and electric heater, door to balcony.
External
1 parking space to the rear
Photos
Please be advised the photos used were taken prior to the tenancy starting and there is now a tenant in situ
Agents Note
Should a purchaser(s) have an offer accepted on a property marketed by TMS Estate Agents, they will need to undertake an identification check. This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service to verify your identity. The cost of these checks is £50 plus. VAT or £60 inc. VAT per purchaser, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.
Mortgage calculator
£500 per month
70+ lenders and 10,000+ products
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (116 years)
Service charge
£833 per year
Council tax band
A
Ground rent
£250
Ground rent date of next review



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