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3 Railway Terrace, All Saints Avenue... 2 bed terraced house for sale
3 Railway Terrace, All Saints Avenue, Margate, CT9 5TG
£100,000
3 Railway Terrace, All Saints Avenue, Margate, CT9 5TG
£100,000
Our Summary
- LOT 95D **FOR SALE BY ONLINE AUCTION** on 1st July 2025 Six Week Completion Freehold House Investment Situated off All Saints Avenue, close to the amenities available in Margate Town Centre and travelling facilities including Margate Train Station
- A Terrace House requiring modernisation with accommodation arranged on Two Floors comprising: First Floor Bedroom (One) Bedroom (Two) Ground Floor Living Room Kitchen Bathroom/WC Front Garden Garden at Rear Let on an Assured Shorthold Tenancy at £650 per calendar month
- They are not necessarily figures which a property will sell for and may change at any time prior to the auction
- Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide
- Guide prices will be continually updated on our website up until the day of the auction
Description
This property, a freehold house investment, is situated off All Saints Avenue in Margate, close to the town center and train station, as well as the beach. The property requires modernization and has accommodation arranged over two floors, including a living room, kitchen, bathroom, and two bedrooms. The property is currently let on an assured shorthold tenancy at £650 per month, producing an annual income of £7,800. The property has an EPC rating of E and is in Council Tax Band A. The guide price for the property is £95,000, and there is a buyer's fee of £1,200 incl. VAT payable to McHugh & Co. The seller may also charge additional fees payable upon completion.