This twelfth-floor two-bedroom flat is being sold by online public auction on September 10, 2025, with a guide price of £60,000+. The property is held on a 114-year lease from 1961, with approximately 50 years remaining. It is situated on a residential road near local shops and amenities, with easy access to Dane Park and Margate rail station. The flat has a reception room with an open-plan kitchen, two bedrooms, and a bathroom. The property is currently subject to an Assured Shorthold Tenancy, producing £10,800 per annum. Note that the property has not been inspected by Auction House London, and all information has been supplied by the vendor. Additionally, as the lease is short, the buyer will need to consider the cost of extending the lease to 90+ years, which will require a premium to be paid to the freeholder.