Please Quote Ref: JJ1194Located on St. Peters Road, this split top floor flat is within easy reach of Margate Town Centre and coast. Situated near The QEQM Hospital (0.6 miles) and Margate Train Station (0.9 miles), the property is also within walking distance of Margate High Street (0.3 miles), sandy beaches, and amenities.The spacious accommodation comprises a private stairway, an entrance hall, living room, separate kitchen/dining room, bedroom, and a bathroom.This flat could be an ideal first-time purchase, downsize, or investment, currently offering a rental yield of in excess of 7% on a rent guaranteed basis. No Onward Chain. Please note we have been advised that the property will be sold with a share of the freehold (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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