Station Road, Margate
- PROPERTY TYPE
Terraced
- BEDROOMS
5
- BATHROOMS
3
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Investment Opportunity
- Three Flats (All Let on ASTs)
- Set Over Four Floors
- Yield: Over 5%
- Proven Income Stream
- Strategic Location
- Call to View and Expand Your Portfolio
- Offers over £375,000
Description
Seize the opportunity to elevate your property portfolio with this remarkable offering on Station Road, Margate. This freehold terraced house, strategically positioned just moments away from the iconic Margate seafront, promenade, and Railway Station, presents a lucrative investment proposition.
Don't miss the chance to add this promising investment to your portfolio. Call Zest Homes on to schedule a viewing and explore the potential of this freehold property with three let flats.
Secure your position in the thriving Margate property market and capitalize on the steady income and future growth potential this unique offering provides. Act now and make this investment work for you!
Key Features - Location: Station Road, Margate
Investment Type: Freehold Terraced House with Three Flats (All Let on ASTs)
Yield: Over 5%
Room for Growth: Potential to increase yields by aligning rents with current market rates in the area
Tenure: Freehold -
The Flats - One-Bedroom Basement Flat with Garden: A private haven, this flat offers a one-bedroom retreat with the added bonus of a garden, providing a tranquil escape for the tenant.
One-Bedroom Ground Floor Flat: Ideal for convenient living, this ground floor flat is attractively designed for comfort and accessibility.
Spacious Two-Bedroom Flat Over Two Floors: Boasting a large lounge with captivating sea views and a dedicated study, this expansive flat is set over two floors, offering both space and style.
Investment Highlights - Proven Income Stream: All three flats are currently let on Assured Shorthold Tenancies (ASTs), ensuring a consistent and reliable income.
Strategic Location: Situated just a stone's throw from the Margate seafront, promenade, and the Railway Station, this property enjoys a prime location that enhances its investment appeal.
Yield Potential: With a yield exceeding 5%, and room for growth by aligning rents with current market rates, this investment promises a favorable return on investment.
Epc Ratings - Basement Flat Rating EDue To Expire: 1 March 2033
Flat 2 Rating DDue To Expire: 8 March 2033
Flat 3 Rating EDue To Expire: 1 March 2033
Council Tax Bands A - FLAT 1 BandAThanet District Council
FLAT 2 BandAThanet District Council
FLAT 3 BandAThanet District Council
Brochures
Station Road, MargateBrochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Station Road, Margate
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Margate Station0.1 miles
- Westgate-on-Sea Station1.5 miles
- Birchington-on-Sea Station3.1 miles
About the agent
Zest Homes, Kent
190 High Street, Herne Bay, Kent, CT6 5AP
Zest Homes focuses on working hard for all their clients to ensure that you are fully looked after whatever your needs. Michelle Reilly, managing director is always there to guide you. Personally having over 25 years experience Michelle has the knowledge needed to give you piece of mind aswell as being a member of ARLA and NAEA Propertymark. Please get in touch,look forward to speaking to you.
Industry affiliations
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 32839329. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Zest Homes, Kent. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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