£95,000
(£155/sq. ft)
1 bed flat for saleVicarage Crescent, Margate CT9
1 bed
1 bath
1 reception
614 sq. ft
EPC Rating: D
Just added
Available immediately
Chain free
Leasehold
About this property
Description
Offered to the market chain free, this exciting investment opportunity boasts an impressive current gross rental yield of 10.2% and presents fantastic potential for investors looking to maximise their returns.
Requiring only some basic cosmetic modernisation, this generously proportioned one bedroom lower ground floor apartment offers surprisingly spacious accommodation, complemented by its own charming courtyard garden, a peaceful, tucked away spot rarely found at this price point.
Location is another huge selling point. Perfectly positioned within walking distance of both Margate's vibrant seafront and the Queen Elizabeth The Queen Mother Hospital (qeqm), the property is ideally situated to appeal to a broad rental market.
The apartment includes first-come, first-served parking, adding another practical advantage to this attractive investment and although its detailed as lower ground the light and level in which it sits could be considered ground.
Chain free, spacious, superbly located and already delivering a 10.2% gross yield - this is an opportunity investors should not overlook. Early viewing is highly recommended!
* Virtual staging disclaimer
Some images within this listing have been digitally enhanced or virtually staged to illustrate the property's potential. Furniture, décor, and accessories shown in these images are for visualisation purposes only and are not included in the sale or tenancy. While every effort has been made to represent the property accurately, prospective tenants or buyers should rely on their own inspection to confirm layout, size, and condition.
Council Tax Band: A (Thanet)
Tenure: Leasehold (152 years)
Ground Rent: £0 per year
Service Charge: £600 per year
Offered to the market chain free, this exciting investment opportunity boasts an impressive current gross rental yield of 10.2% and presents fantastic potential for investors looking to maximise their returns.
Requiring only some basic cosmetic modernisation, this generously proportioned one bedroom lower ground floor apartment offers surprisingly spacious accommodation, complemented by its own charming courtyard garden, a peaceful, tucked away spot rarely found at this price point.
Location is another huge selling point. Perfectly positioned within walking distance of both Margate's vibrant seafront and the Queen Elizabeth The Queen Mother Hospital (qeqm), the property is ideally situated to appeal to a broad rental market.
The apartment includes first-come, first-served parking, adding another practical advantage to this attractive investment and although its detailed as lower ground the light and level in which it sits could be considered ground.
Chain free, spacious, superbly located and already delivering a 10.2% gross yield - this is an opportunity investors should not overlook. Early viewing is highly recommended!
* Virtual staging disclaimer
Some images within this listing have been digitally enhanced or virtually staged to illustrate the property's potential. Furniture, décor, and accessories shown in these images are for visualisation purposes only and are not included in the sale or tenancy. While every effort has been made to represent the property accurately, prospective tenants or buyers should rely on their own inspection to confirm layout, size, and condition.
Council Tax Band: A (Thanet)
Tenure: Leasehold (152 years)
Ground Rent: £0 per year
Service Charge: £600 per year
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Monthly repayment
£475 per month
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More information
Tenure
Leasehold (152 years)
Service charge
£600 per year
Council tax band
A
Ground rent
Ground rent date of next review
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