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Ethelbert Crescent, Margate, Kent, CT9 10 bed townhouse for sale
Ethelbert Crescent, Margate, Kent, CT9
£950,000
Ethelbert Crescent, Margate, Kent, CT9
£950,000
Our Summary
- Boasting planning permission to be converted into apartments, this property presents a unique chance to further maximize its potential profitability
- As this property is being sold at auction, it presents an exceptional opportunity to secure an investment at a potentially favorable price
- Auction DetailsThe lot is to be sold by traditional online auctionAn auction buyer’s fee of 3
- The auction will be exclusively available online via the Rocket Auctions website including the legal pack information
- SALE BY AUCTION
- Sale by auction
Description
This exceptional hotel property in Kent offers a unique investment opportunity for those looking to capitalize on the booming hospitality industry. The 4,000 sqft property boasts 10 spacious bedrooms, each with its own private bathroom, and a basement flat, making it an ideal investment for those seeking to expand their portfolio. With planning permission to convert the property into apartments, it presents a chance to further maximize its potential profitability. The hotel is operational, ensuring immediate revenue generation, and its prime location in Ethelbert Crescent offers easy access to local amenities and transportation links. The property's stylishly designed reception rooms provide a perfect ambiance for relaxation and socializing, making it an attractive option for hosting events or connecting with guests. With its flexibility and potential for future growth, this property offers a hassle-free and potentially lucrative venture for investors, whether experienced or new to the property market.