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2 bedroom terraced house for sale
3 Railway Terrace, All Saints Avenue, Margate, CT9 5TG
£125,000
3 Railway Terrace, All Saints Avenue, Margate, CT9 5TG
£125,000
Our Summary
- LOT 121 **FOR SALE BY ONLINE AUCTION** on 22nd October 2025 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 £1,500 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 freehold house investment is situated off All Saints Avenue, close to Margate Town Centre and its amenities, as well as Margate Train Station and the beach. The property, which requires modernization, is arranged over two floors and comprises two bedrooms, a living room, kitchen, and bathroom on the first floor, and a front garden and rear garden. The property is currently let on an Assured Shorthold Tenancy at £1,500 per month, producing £18,000 per annum. The EPC rating is E and the Council Tax Band is A. The guide price is not disclosed, but the property will be sold subject to a reserve, which is expected to be set within the guide range or no more than 10% above a single figure guide. A buyer's fee of £1,200 incl. VAT will be payable to McHugh & Co for lots sold over £10,000, or £300 incl. VAT for lots sold for less than £10,000.