2 bed flat

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2 bed flat

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, located on St Mildreds Road, offers a unique opportunity for an investment buyer or someone looking for a holiday home. The property features a private entrance, a spacious living area, and a low-maintenance courtyard garden. While it requires some modernization, it provides a blank canvas for creating a stylish and comfortable home. The apartment also comes with parking available to the rear of the building, adding to its convenience. With a current lease term of 55 years and the option to extend for 90 additional years for an additional £24,300, this property has the potential to significantly increase in value over time.