For Sale13 Bedroom Block of Apartments in Edgar Road, Margate, CT9 2EE£725,000
Property Type
Block of Apartments
Bedrooms
× 13
Bathrooms
× 3
Tenure
Freehold
Price
£725,000
Key Features
- 7 Bed House + three 2 bed Apartments
- Ready Made Investment
- Income of £50,000 Per Annum
- Tenants Already In Situ
- Sought After Location
- Close To Local Amenities
Resources
Description
BUY TO LET INVESTMENT OPPORTUNITY. Being offered to market with tenants in situ or vacant possession, this is a ready-made investment you cannot afford to miss. Two joined terraced buildings with the layout as follows: Number 14 Edgar Road comprises 7 bedrooms, 2 bathrooms, kitchen, large living room, and separate dining room. Potential annual income in the region of £20-25,000 per year. Number 15 comprises 3 self-contained apartments - a 2 bedroom apartment and two 3 bedroom apartments currently generating £25-30,000 annual income, representing a healthy yield. Properties in this area have high rental demand and historically sell quickly so early viewing is highly recommended.
