Property description
Appleton are very pleased to offer this rarely available freehold block in one of the most up and coming areas of Margate. This residential street is situated adjacent to the Lido and beaches and within equidistant of Northdown Road shopping whilst only being a short 5-minute walk to Margate Old Town, Harbour and The Turner Gallery and Margate Train station with direct access to London.
The property comprises of a 2 bedroom Lower ground floor apartment with rear garden, 1 bedroom Ground floor apartment also with a garden and spacious first floor and 1 bedroom apartment covering the whole of the top floor.
Currently rented with an income of £19200pa giving a very favourable 5.5% return. Other properties in the road are also being rented via Airbnb obtaining £150 per night.
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