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Wharfedale Road, Margate

1

Offers In Region Of, £97,500


Property Features

  • First Floor Flat
  • No Forward Chain
  • One Bedroom
  • Kitchen
  • Lounge/diner
  • Bathroom
  • Communal Garden
  • New 125 year lease
  • Ideal Investment property
  • Keys held for immediate viewings

Full Details

NO Chain. Calling all investors. Perfect investment property situated in a prime location close to the QEQM Hospital and within easy reach of Margate town centre. The property is situated on the first floor and boasts: lounge, kitchen, double bedroom and bathroom. The property benefits from gas central heating, double glazing, use of the communal garden and a new 125 year lease. The suggested rental income for this would be in the region of £525 producing a rental yield of over 6%. £983.13 p.a. Ground Rent - £50 P.A. Keys held for immediate viewings. COMMUNAL ENTRANCE Stairs to 1st floor


HALL Radiator, loft access, intercom, carpet flooring.

LOUNGE/DINER 12' 02" x 12 ' 11" (3.71m x 3.94m) Double glazed dual aspect windows, double radiator, carpet flooring.

KITCHEN 0m x 0m) Matching base and eye level cupboards, part tiled walls, stainless steel sink, plumbing and space for washing machine, space for fridge/freezer, space for cooker, double radiator, cupboard housing meters and boiler, vinyl flooring, double glazed window.

BATHROOM White suite comprising panelled bath, pedestal hand basin, low level W.C., radiator, double glazed window, vinyl flooring.

BEDROOM 11' 02" x 10' 05" (3.4m x 3.18m) Double glazed window, radiator, built in cupboard, one with a radiator and shelving, carpet flooring.

LEASE DETAILS New 125 year lease
£983.13 p.a. - Ground Rent - £50 P.A.

COMMUNAL GARDEN Communal lawn garden with use of communal brick shed.

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