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27 Northumberland Court... 2 bed flat for sale
27 Northumberland Court, Northumberland Avenue, Margate, CT9 3BS
£70,000
27 Northumberland Court, Northumberland Avenue, Margate, CT9 3BS
£70,000
Our Summary
- LOT 94 **FOR SALE BY ONLINE AUCTION** on 15th May 2025 Leasehold Flat Vacant Possession Situated at the junction with Palm Bay Avenue, close to the amenities available in Margate Town Centre and travelling facilities including Margate Train Station
- A Self-Contained Second Floor Flat requiring modernisation with Sea Views in a Purpose-Built Block with accommodation comprising: Entrance Hall Living Room Kitchen Bedroom (One) Bedroom (Two) Bathroom/WC Leasehold for a term of 999 years less one day from 25th December 1950 (thus having approximately 924 years unexpired)
- They are not necessarily figures which a property will sell for and may change at any time prior to the auction
- Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide
- Guide prices will be continually updated on our website up until the day of the auction
Description
This leasehold flat is located at the junction of Palm Bay Avenue and Margate Town Centre, with Palm Bay Beach nearby. The second-floor property requires modernization and has sea views. It has a total of four rooms, including an entrance hall, living room, kitchen, bedroom one, bedroom two, and a bathroom with WC. The flat is held on a lease for 999 years, with approximately 924 years remaining. The property is being sold with vacant possession, and the guide price is expected to be between £40,000 and £50,000. The buyer will be required to pay a fee of £1,200 (including VAT) if the sale price is over £10,000, or £300 (including VAT) if the sale price is under £10,000. The seller may also charge additional fees upon completion.