A self-contained leasehold flat in Margate, currently producing £6,780 per annum, is being auctioned off on February 27, 2024. The one-bedroom property features an open-plan reception room/kitchen, bedroom, bathroom, and balcony, and is located on Sea Court, close to the Margate seafront and old town. The flat is currently let and has approximately 107 years remaining on the lease. The property is of interest to investors due to its prime location and rental income.