£135,000
1 bed flat for saleDane Hill, Margate CT9
1 bed
1 bath
1 reception
EPC Rating: C
- Leasehold
Miles & Barr - Cliftonville
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About this property
How would the construction of your property best be described? Na
One of the other flats in the building having less than marriage value on the lease (53 yrs) and in need of extending their lease term. Potential £20k in terms of the premium
Charming One-Bedroom Upper Ground Floor Flat With Freehold For The Whole Building on Dane Hill
Miles and Barr are delighted to bring to the market this well-maintained one-bedroom upper ground floor flat, located in the sought-after area of Dane Hill. Whether you're looking for an ideal investment opportunity or a cosy home to call your own, this property is brimming with potential.
The flat has been lovingly cared for by the current tenants and is presented in good condition throughout. With a rental potential of up to £700 per calendar month, it offers a fantastic return for investors. Alternatively, its desirable location makes it perfect for those seeking a convenient and comfortable living space.
One of the standout features of this property is that it comes with the freehold for the entire building, providing you with complete control over the running costs€”an invaluable benefit for any owner.
Positioned in a fantastic spot, this property is not to be missed. Contact Miles and Barr today to arrange a viewing and discover all this home has to offer.
Property is brick and block construction and has not had any adaptions for accessibility.
Identification checks
Should a purchaser(s) have an offer accepted on a property marketed by Miles & Barr, 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 £60 inc. VAT per purchase, 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.
Location:
Margate is a fantastic seaside town and contains the areas of Cliftonville, Garlinge, Palm Bay and Westbrook. The energy surrounding Margate is excellent, it holds the likes of a world class Art Gallery, the UK's original pleasure park 'Dreamland', fast Rail links into London and of course not forgetting the stunning sandy beaches and sparkling bays. You are within a 10 minute drive to the neighbouring towns which are Broadstairs, Ramsgate and Birchington. There are also good road links to London via the A299 Thanet Way and M2 Motorway.
Entrance
Door to:
Entrance Hall
Leading to:
Lounge/Kitchen
4830 x 4519
Bedroom
2090 x 3770
Shower Room
1270 x 2840
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More information
Tenure
Leasehold (116 years)
Service charge
Council tax band
A
Ground rent
£50
Ground rent date of next review