Addington Road, Margate CT9 1 bed flat for sale

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Addington Road, Margate CT9 1 bed flat for sale

Addington Road, Margate CT9
£100,000

Our Summary

  • Investment Opportunity With Over 7% Yield

Description

This ground floor flat is situated on Addington Road, just off Victoria Road, and offers easy access to Margate Town Centre and coast. The property is near Dane Park and Margate Train Station, and within walking distance of Margate Old town, sandy beaches, and amenities. The accommodation features an entrance hall, open-plan kitchen/living space, a bedroom, bathroom, and a communal garden, making it an ideal first-time purchase, downsizing option, or investment opportunity with a potential rental yield of over 7%. With approximately 63 years remaining on the lease (subject to confirmation from the vendor), this property presents a great chance for a buyer with no onward chain.