£270,000
Studio for saleHardres Street, Ramsgate, Kent CT11
EPC Rating: C
Chain free
Auction
Freehold
About this property
Investment Opportunity
Period Property
Central Location
Duplex Apartments
Income Producing
No Chain
Investor Opportunity – Period Conversion of Two Duplex Apartments
An investment opportunity comprising two self-contained duplex apartments within a converted period building in central Ramsgate. The freehold property measures approximately 1,396 sq. Ft. And offers potential for short-term lets, long-term tenancy, or a dual-income approach.
The lower duplex is accessible via a private entrance and also through the building’s main hallway. It comprises two bedrooms on the lower ground floor, with a kitchen and open-plan living area above. The upper duplex spans the first and second floors, incorporating a reception room, separate kitchen, two bedrooms, and a bathroom.
Ramsgate railway station is located around 0.6 miles away, with high-speed services to London St Pancras in approximately 75 minutes. The town’s Royal Harbour, High Street, and beachfront are all within walking distance.
The property offers a freehold interest in a central location with rental income potential.
Auctioneer Comments
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation
Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information
Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent
information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase
price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the
Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the
service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.
An investment opportunity comprising two self-contained duplex apartments within a converted period building in central Ramsgate. The freehold property measures approximately 1,396 sq. Ft. And offers potential for short-term lets, long-term tenancy, or a dual-income approach.
The lower duplex is accessible via a private entrance and also through the building’s main hallway. It comprises two bedrooms on the lower ground floor, with a kitchen and open-plan living area above. The upper duplex spans the first and second floors, incorporating a reception room, separate kitchen, two bedrooms, and a bathroom.
Ramsgate railway station is located around 0.6 miles away, with high-speed services to London St Pancras in approximately 75 minutes. The town’s Royal Harbour, High Street, and beachfront are all within walking distance.
The property offers a freehold interest in a central location with rental income potential.
Auctioneer Comments
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation
Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information
Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent
information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase
price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the
Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the
service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.
Mortgage calculator
Monthly repayment
£1,350 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}