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6 bedroom block of apartments for sale
20 Crescent Road, Margate, Kent, CT9 5AP
£200,000
20 Crescent Road, Margate, Kent, CT9 5AP
£200,000
Our Summary
- Guide Price £200,000 * Plus 5% Buyers Premium + VAT For sale by unconditional online auction on the 11th of June 2025
- Registration is now open, bidding opens on 11th on June at 10:00 and ends on 11th June 2025on June at 13:00 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
- Legal Pack 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
- The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated)
- Pre Auction Offers Are Considered The seller of this property may consider a pre-auction offer prior to the auction date
- All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit
- To make a pre-auction offer we will require two forms of ID,
Description
A block of three flats is being sold at auction on June 11th, 2025, with a guide price of £200,000 plus a 5% buyer's premium and VAT. The flats, with a total floor area of 130 square meters, are located in a prime area of Margate, just a short walk from the train station and the beach. The current annual income is £20,196, increasing to £22,896. The flats are currently unsplit, with titles to be decided. The property is being sold with an unconditional contract, requiring a 5% deposit and a 5%+VAT buyer's premium, with contracts exchanged and a completion deadline of 28 days. The seller may consider pre-auction offers, but all auction conditions will remain the same.