5 bed terraced house for sale in Station Road, Margate CT9, £425,000

425,000.00

Offer Nr.:
66462146
Type of ad:
for Sale
Property type:
5 bed terraced house
Bedrooms:
5
Bathrooms:
3
Reception rooms:
3
Contact name:
Zest
Phone(s):
01227 319839

* Freehold
* Investment Opportunity:
* Three Flats (All Let on ASTs)
* Set Over Four Floors
* Yield: Over 5%
* Proven Income Stream
* Strategic Location
* Call to View and Expand Your Portfolio
Investment Opportunity: Freehold Terraced House with Three Let Flats in Prime
Margate Location.
Seize the opportunity to elevate your property portfolio with this remarkable
offering on Station Road, Margate. This freehold terraced house, strategically
positioned just moments away from the iconic Margate seafront, promenade, and
Railway Station, presents a lucrative investment proposition.
Don't miss the chance to add this promising investment to your portfolio. Call
Zest Homes on to schedule a viewing and explore the potential of this freehold
property with three let flats.
Secure your position in the thriving Margate property market and capitalize on
the steady income and future growth potential this unique offering provides.
Act now and make this investment work for you!
**Key Features**
Location: Station Road, Margate
Investment Type: Freehold Terraced House with Three Flats (All Let on ASTs)
Yield: Over 5%
Room for Growth: Potential to increase yields by aligning rents with current
market rates in the area
**Tenure: Freehold**
**The Flats**
One - Bedroom Basement Flat with Garden: A private haven, this flat offers a
one - bedroom retreat with the added bonus of a garden, providing a tranquil
escape for the tenant.
One - Bedroom Ground Floor Flat: Ideal for convenient living, this ground floor
flat is attractively designed for comfort and accessibility.
Spacious Two - Bedroom Flat Over Two Floors: Boasting a large lounge with
captivating sea views and a dedicated study, this expansive flat is set over
two floors, offering both space and style.
**Investment Highlights**
Proven Income Stream: All three flats are currently let on Assured Shorthold
Tenancies (ASTs), ensuring a consistent and reliable income.
Strategic Location: Situated just a stone's throw from the Margate seafront,
promenade, and the Railway Station, this property enjoys a prime location that
enhances its investment appeal.
Yield Potential: With a yield exceeding 5%, and room for growth by aligning
rents with current market rates, this investment promises a favorable return
on investment.
**Epc Ratings**
Basement Flat Rating EDue To Expire: 1 March 2033
Flat 2 Rating DDue To Expire: 8 March 2033
Flat 3 Rating EDue To Expire: 1 March 2033
**Council Tax Bands A**
Flat 1 BandAThanet District Council
flat 2 BandAThanet District Council
flat 3 BandAThanet District Council

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