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Princes Crescent, Margate 1 bed block of apartments for sale
Princes Crescent, Margate
£350,000
Princes Crescent, Margate
£350,000
Our Summary
- INVESTMENT OPPORTUNITY 3 ONE BEDROOM FLATS CURRENTLY BRINGING IN AN ANNUAL RENT OF £22,800
- Investment opportunity
Description
This is an investment opportunity to purchase a freehold property in Princes Crescent, close to the Old Town and seafront, with three one-bedroom flats currently generating an annual rent of £22,800. The property is a low-maintenance block with four flats in total, including the three being sold, and offers allocated parking to the rear. Each of the three flats has a similar layout, comprising a living room, kitchen area, double bedroom, and bathroom, with EPC ratings of C and Council Tax band A. The property also benefits from fibre-optic connectivity delivered to the cabinet. The flats are currently let, and the agent's note indicates that the images used are prior to the current let.