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6 bedroom block of apartments for sale
20 Crescent Road, Margate, Kent, CT9 5AP
£250,000
20 Crescent Road, Margate, Kent, CT9 5AP
£250,000
Our Summary
- Guide Price £250,000 * Plus 5% Buyers Premium + VAT For sale by unconditional online auction on the 14th of May 2025
- Registration is now open, bidding opens on 14th on May at 10:00 and ends on 14th May 2025on May at 13:30 BLOCK OF THREE FLATS TO BE SOLD AT AUCTION 29th MAY Description INCOME GENERATING BLOCK OF 3 FLATS - TITLES NOT SPLIT THE VENDOR HAS ADVISED THE CURRENT ANNUAL INCOME CURRENTLY £20196 INCREASING TO £22896 FLAT 1 TOP FLOOR 56msq EPC = E FLAT 2 MID FLOOR 39msq EPC = D FLAT 3 BASEMENT 35msq EPC = E The property is nestled in a prime location, it is just a short walk from Margate Station, offering excellent transport links to London and beyond
- A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction
- Auction Information To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa
Description
A block of three flats is being sold at auction on May 29th, with a guide price of £250,000 plus a 5% buyers premium and VAT. The flats, which have a total floor area of 130 square meters, are situated in a prime location just a short walk from Margate Station and the iconic Blue Flag Margate Beach. The current annual income from the flats is £20,196, which is expected to increase to £22,896. The flats have EPC ratings of E, D, and E, respectively. The property is being sold unconditionally, with contracts exchanging on the fall of the hammer and a 10% deposit required from the highest bidder. The deposit will contribute towards the purchase price.