Our Summary

• Peters Road, Margate, this freehold block of flats is currently arranged as four flats and is now being offered to the market as a fantastic investment opportunity, currently offering a rental yield of in excess of 7%
• The property has been converted into 4 self-contained flats with a 1 bedroom lower ground floor flat with courtyard garden, ground floor studio flat with courtyard garden, a 1 bedroom flat on the first floor with a separate storage, which could be used as study or extra reception room, and a further 1 bedroom flat on the second floor with loft access, which could be converted into a further bedroom, subject to building notice approval
• To the side of the property there is potential to extend the existing accommodation or further development (subject to planning permission and necessary consents)
• The current yearly rental income is £33,720 and has the potential to be reviewed and increased
• Investment Opportunity With Over 7% Yield
• Potential to Extend or Development (STPP)