3 bedroom block of apartments for sale

>

3 bedroom block of apartments for sale

High Street, Margate CT9
£425,000

Our Summary

  • Auctioneers Additional CommentsPattinson Auction are working in Partnership with the marketing agent on this online auction sale andare referred to below as The Auctioneer
  • This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auctionterms and overseen by the auctioneer in partnership with the marketing agent
  • The property is being sold via a transparent online auction

Description

This freehold building in Margate's High Street is being sold via online bidding, with a starting price of £420,000. The property features a commercial unit on two floors, currently tenanted for £14,400 per annum, as well as three one-bedroom flats, two of which are currently vacant and one that is tenanted for £550 per month. The flats are located above the commercial unit and offer sea views from the top flat. The building is undergoing exterior decoration and renovation work, and the roof was replaced two years ago. The property is available to view by appointment only and bids can be made through the marketing agent or the auctioneer's website. All bidders will be required to undergo a verification of identity process as part of the online auction.
Finance This Property