Please Quote Ref: JJ1194Located on Addington Road, just off of Victoria Road, this ground floor flat is ideally placed to provide easy access to Margate Town Centre and coast. Situated near Dane Park and Margate Train Station (0.7 miles), the property is also within walking distance of Margate Old town (0.3 miles), sandy beaches, and amenities.The accommodation comprises an entrance hall, open-plan kitchen/living space, a bedroom, bathroom and a communal garden.This flat could be an Ideal first-time purchase, downsize, or investment, with a potential rental yield of in excess of 7%. No Onward Chain. Please note we have been advised that there is approximately 63 years remaining on the lease (subject to confirmation from the vendor's solicitor).
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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