This leasehold flat investment is located on All Saints Avenue in Margate, close to the town center, train station, and beach. The fourth-floor flat, requiring modernization, offers sea views and comprises an entrance hall, living room, kitchen, two bedrooms, and a bathroom/wc. Let on an assured shorthold tenancy at £900 per calendar month, the property produces £10,800 per annum. The lease has approximately 51 years unexpired, with a Section 42 notice served. The property is being sold by online auction on September 19, 2024, as Lot 93.