22 bedroom block of apartments for sale

Investment opportunity! We are delighted to offer this magnificent Grade II listed building on the seafront on Ramsgate's East Cliff which is a freehold building comprising 16 flats. The building has undergone significant improvement in recent years including overhaul of the roof, external redecoration, and refurbishment of 7 of the flats between tenancies. Oakwood homes have been sourcing tenants for the building for the current freeholder for over 10 years and are very familiar with this building. There are 3 studios, 7 x 1 bedroom flats, 5 x 2 bedroom flats and 1 x 3 bedroom flat, 7 of which are sea-facing. The floor plans are available by contacting the office. The annual yield is currently £151,000. Call for further details.

Flat 1 - 3 bedroom lower ground floor flat with courtyard
Flat 2 - 2 bedroom lower ground floor flat
Flat 3 - 1 bedroom ground floor with uninterrupted sea views
Flat 4 - ground floor studio
Flat 5 - 1 bedroom split level first and second floor
Flat 6 - 1 bedroom first floor uninterrupted sea views with balcony
Flat 7 - 1 bedroom second floor uninterrupted sea views
Flat 8 - 1 bed third floor uninterrupted sea views
Flat 9 - lower ground floor studio
Flat 10 - 2 bedroom ground floor uninterrupted sea views
Flat 11 - 1 bedroom ground floor side sea views
Flat 12 - 2 bedroom first floor uninterrupted sea views
Flat 14 - first floor studio
Flat 15 - 2 bedroom second floor flat
Flat 16 - 1 bedroom second floor flat
Flat 17 - 2 bedroom third floor flat