This property is a freehold, two-floor mid-terrace house located on Railway Terrace, Margate, which is available for auction on September 9, 2025. The property is let on an assured shorthold tenancy at a rent of £1,500 per month, with a total rent reserved of £18,000 per annum. The property requires modernization and is arranged over ground and first floors, with two bedrooms on the first floor, a reception room, kitchen, and bathroom/WC on the ground floor. The property also has front and rear gardens. The EPC rating is E, and the Council Tax Band is A. The buyer will need to pay a contract documentation fee of £1,500 (inclusive of VAT) and may also be subject to additional fees payable upon completion. The guide price is not intended to be a valuation or assessment of value, but rather an indication of the region at which the reserve may be set.