£225,000

3 bed flat for sale in 39 Ramsgate Road, Margate, CT9 (ref: 528610)

Shortlist

Key Features

  • INVESTMENT BUY
  • TENANT IN SITU
  • 4.8% YEILD
  • Split level flat
  • 3 bedrooms
  • En-suite
  • Family Bathroom
  • Lounge
  • Fitted Kitchen
  • Share of freehold

Video

INVESTMENT BUY PRODUCING A YIELD OF 4.8% WITH TENANT CURRENTLY IN SITU - A GOOD SIZED SPLIT LEVEL 3 BEDROOM FLAT OFFERING GENEROUS ACCOMMODATION ALONG WITH A SHARE OF THE FREEHOLD. This property would make a an ideal first home or buy to let and it is close to local shops and schools as well as the sea front and Old Town. On the top floor there are 2 bedrooms with an en-suite whilst on the first floor there is a good sized living room, fitted kitchen, family bathroom and a further bedroom. Early viewing is recommended and the flat also comes with no chain.


Entrance door to:-
Hall
Bedroom 2 13'8" (4.17m) x 9'1" (2.77m)
Kitchen 9'6" (2.90m) x 7'7" (2.31m)
Bathroom 7'4" (2.24m) x 5'7" (1.70m)
Lounge 17'0" (5.18m) x 13'3" (4.04m)
TOP FLOOR Landing
Bedroom 1 12'4" (3.76m) x 9'0" (2.74m)
En suite 8'0" (2.44m) x 5'10" (1.78m)
Bedroom 3 9'2" (2.79m) x 7'10" (2.39m)

Lease - 984 years remaining
Ground rent - £10 per annum
No rises as peppercorn
Share of Freehold
Maintenance Charges - 50% of any cost on ad hoc basis

What this property offers

  • No Onward Chain

Stamp Duty Due

Based on a sale price of £225,000 the total amount of stamp duty payable will be:

*

Last updated: The calculator has been updated to reflect changes in stamp duty following the Mini Budget on 23rd September 2022.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.

10 Property Images

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Further Details

  • Status: Available
  • Tenure: Share of Freehold
  • Tags: No Onward Chain
  • Reference: 528610

Location

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