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2 bed flat
St. Mildred's Road, Ramsgate, Kent CT11
£130,000
St. Mildred's Road, Ramsgate, Kent CT11
£130,000
Our Summary
- While the apartment is in need of some modernisation, it provides the perfect blank canvas to create a stylish and comfortable home
- A lease extension of 90 additional years has been quoted at an additional £24,300, offering the potential to significantly increase the property's long term value
Description
This ground floor apartment on St Mildreds Road offers a blank canvas for an investor or holiday home seeker to create a stylish and comfortable living space. The property features a private entrance, well-proportioned living area, and low-maintenance courtyard garden, with parking available to the rear of the building. While it needs some modernization, the apartment provides a great opportunity to add value and increase its long-term value. The current lease term is 55 years, with the option to extend it by 90 years for an additional £24,300. The property's rooms are generously sized, including a lounge/diner, kitchen, two bedrooms, and a wet room. With its central location and potential for renovation, this property presents a unique investment opportunity.