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2 bedroom flat for sale
4(D) Arlington House, All Saints Avenue, Margate, CT9 1XR
£35,000
4(D) Arlington House, All Saints Avenue, Margate, CT9 1XR
£35,000
Our Summary
- LOT 147 **FOR SALE BY ONLINE AUCTION** on 1st July 2025 Leasehold Flat Investment Situated on All Saints Avenue, close to the amenities available in Margate Town Centre and travelling facilities including Margate Train Station
- A Self-Contained Fourth Floor Flat requiring modernisation in a Purpose-Built Block with Sea Views and accommodation comprising: Entrance Hall Living Room/Kitchen Bedroom (One) Bedroom (Two) Bathroom/WC Let on an Assured Shorthold Tenancy at £900 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 leasehold flat investment is located on All Saints Avenue in Margate, within walking distance to the town center and train station, as well as the beach. The property, situated on the fourth floor, requires modernization and offers sea views. It comprises an entrance hall, living room/kitchen, two bedrooms, and a bathroom/wc. Let on an Assured Shorthold Tenancy at £900 per month, it produces an annual income of £10,800. The property has a leasehold term of 114 years from 1961, with approximately 50 years unexpired. With an EPC rating of D and Council Tax Band A, this property is being sold by online auction on July 1st, 2025, with a guide price and reserve price to be determined. A buyer's fee will apply, and additional fees may be payable upon completion.