Ethelbert Crescent, Margate, Kent, CT9 10 bed townhouse for sale

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Ethelbert Crescent, Margate, Kent, CT9 10 bed townhouse for sale

Ethelbert Crescent, Margate, Kent, CT9
£900,000

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

Description

This exceptional hotel property at 8 Ethelbert Crescent, Kent, offers a unique investment opportunity in the booming hospitality industry. With 10 spacious rooms, 10 bathrooms, and a basement flat, the property spans 4000 sqft, making it an ideal investment for those looking to expand their portfolio. Planning permission has been granted to convert the property into apartments, further increasing its potential profitability. The hotel is operational, generating immediate revenue and eliminating any waiting time. Situated in a prime location, close to local amenities and transportation links, the property appeals to both short-term tourists and long-term residents. With its luxurious design, private bathrooms, and versatile layout, this property offers flexibility and provides an excellent foundation for a successful investment. As it is being sold at auction, it presents an exceptional opportunity to secure an investment at a potentially favorable price, offering both immediate returns and substantial future growth.