5 bedroom terraced house in Margate

Ramsgate Road, Margate, Kent

Guide Price£260,000

  • 5x Bedrooms
  • 1x Reception rooms
  • 1x bathrooms

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Description

Key features

  • 5 bedroom hmo
  • Off street parking space
  • One self contained flat
  • Currently £23,579 annual income
  • Ideal investment opportunity
  • EPC energy rating E (50)

What the owner says

I have got a number of properties throughout the South East and this has always rented well. It is time to start spending more time relaxing so I am selling this as it is the furthest property from my current home.

Someone else can now benefit from the good returns this has given me over the years and start planning their retirement.


Property details

Positioned close to Margate Queen Elizabeth The Queen Mother hospital and Margate town this is perfectly located to rent out and the HMO licence already in place this is ideal for a long term investment. You can just sit back and let the property earn the money for you.

With the property split over four floors you have a good sized contained flat on the lower ground floor and then the individual letting rooms over the remaining three floors. There is a bathroom on the first floor and all the rental rooms have their own kitchenettes. There is also an added benefit of, off street parking.

The beautiful sandy beach that Margate is known for is a short walk away so those summer weekends could be spent soaking up the sun. Spend an afternoon musing round the shops and maybe watch the sun set over the beach from one of the cafes or bars on the Harbour Arm.

For those who travel further afield, you can use the high speed link at Margate's mainline train station to have you in London within 90 minutes.

The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.

Floor plans

Floor plans

Split Level Ground Floor
First Floor
Second Floor
Basement Flat

Split Level Ground Floor Room Dimensions

Split Level Ground Floor
Hallway
Room 1 16'3 x 15'0 (4.96m x 4.58m)
Room 2 12'6 x 12'0 (3.81m x 3.66m)
Separate Toilet
Bathroom 7'8 x 5'9 (2.34m x 1.75m)
Room 3

First Floor Room Dimensions

Landing
Room 5 12'6 x 12'2 (3.81m x 3.71m)
Room 4 12'6 x 12'6 (3.81m x 3.81m)
Room 6 8'11 x 5'11 (2.72m x 1.80m)

Second Floor Room Dimensions

Landing
Room 7 19'0 x 11'10 (5.80m x 3.61m)

Basement Flat Room Dimensions

Basement Flat
Landing
Lounge 19'0 x 11'10 (5.80m x 3.61m)
Store Room 13'6 x 8'8 (4.12m x 2.64m)
Dining Area 10'9 x 7'4 (3.28m x 2.24m)
Kitchen 11'9 x 10'3 (3.58m x 3.13m)
Shower Room 7'4 x 7'1 (2.24m x 2.16m)
Bedroom 12'0 x 10'5 (3.66m x 3.18m)
Map & Area

Map & area

Please note, the map markers may only show the centre of a postcode and not the actual address.

Local Information

Primary School

Primary Schools

Secondary School

Secondary Schools

Further Education

Further Education

Train Stations

Train Stations

  • Margate 0.9 miles
  • Westgate-on-Sea 2.4 miles
  • Broadstairs 3.0 miles
Brochure

Brochure

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Cliftonville Branch

143 Northdown Road, Margate, Kent, CT9 2QY

01843 227447


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