£750,000
Est. Mortgage £3,752 per month*Get Pre-Qualified

8 bedroom block of apartments for sale

Margate, CT9
flat flat
bedrooms 8 bedrooms

Property description

Lovetts are pleased to bring to market this excellent chance to acquire a freehold block of four spacious two-bedroom flats, perfectly situated close to Margate’s Old Town, sandy beaches, and vibrant arts scene.

The property currently generates an annual rental income of £33,540 with one flat vacant, giving immediate scope to increase returns. Once fully let, the projected gross income is in excess of £45,000 per annum, making this an attractive addition to any investment portfolio.

Each flat offers well-proportioned accommodation and benefits from the area’s strong rental demand, excellent transport links, and proximity to local shops, restaurants, and the mainline station with high-speed services to London.

A rare opportunity to secure a solid income-producing asset in one of Kent’s most sought-after coastal locations.

Please note: Photos aren’t current and were taken before tenants moved in, and are only to be used to show the layout.
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Margate, CT9

Marketed by

Lovetts Property Services - Cliftonville 177 Northdown Road Cliftonville, Kent CT9 2PA
Call agent on 01843 306691
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Based on a 25 year mortgage, with a 10% deposit and a 4.50% interest rate.

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DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Lovetts Property Services - Cliftonville. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Lovetts Property Services - Cliftonville for full details and further information.