1 bed flat for sale in The Passage, Margate CT9, £70,000

70,000.00

Offer Nr.:
66680995
Type of ad:
for Sale
Property type:
1 bed flat
Bedrooms:
1
Contact name:
Savills - National Auctions
Phone(s):
020 8022 4160

* To be offered on Tuesday 27 February
* Subject to an Assured Shorthold Tenancy
* Currently producing £6, 780 p. a.
* Approximately 495 sq ft (46 sq m)
* Private Gated Development
* Close to Margate old town, Margate rail station and Margate Beach.
* Guide price reflects an niy of 9. 68%
**Strapline**
Auction Sale - 27/02/2024
Of interest to investors. Self contained leasehold first floor flat in
Margate. Currently producing £6, 780 p. a.
**Description**
A one bedroom self contained flat currently let and producing £6, 780 per
annum.
The property comprises an open plan reception room/kitchen. Bedroom, bathroom
and balcony.
The property is located on Sea Court, The Passage which runs off the east side
of Zion Place (B2055) and close to the Margate seafront. Margate old town is
less than 0. 5 miles away and provides an extensive range of shops and local
amenities.
**Transport**
* Margate station is approximately 1 mile away and provides regular services to London's Victoria and St Pancras International stations.
* The A28 is within easy reach and provides access to the A2 and the M2 motorway.
**Accommodation**
Open plan Reception Room/Kitchen through to Balcony, Bedroom, Bathroom/WC•
Lease with approximately 107 years remaining - 495 sq ft (46 sq m)

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