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Northdown Avenue, Margate
£595,000 (Freehold)
8
4
4
Overview
Cooke & Co are pleased to bring to market this ready made investment. Ideally located on the ever-popular Northdown Avenue in Margate, this grand and versatile detached Villa style property is currently arranged as four apartments. Each flat is self contained with the ground floor offering three bedrooms and its own garden. The first floor offers two apartments whilst the top floor provides a further two bedroom flat.
Located just moments from local shops, excellent transport links, and Margate's vibrant seafront, this is a rare opportunity to acquire a standout property in one of the South East's most dynamic coastal towns.
Offers are invited in the region of £595,000. Three of the apartments are currently let whilst the fourth apartment is being refurbished with the intention of being ready to re-let shortly. The vendor has informed us that the current / potential rents being achieved comes in at around £36,199 PA. To arrange a viewing or request further information, please contact Cooke & Co on 01843 231833 or email cliftonville@cookeandco.com
Four Apartments
Period Block
Council Tax Bands: B,A,A,A
Two x Two Bedroom Flats
One x One Bedroom Flat
One x Three Bedroom Flat
Garage and Garden
Potential to Revert Back To House
EPC Rating:D,C,D,E
Photographs
Floorplans
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Property Details
Flat 1 (ground floor)
Entrance hall
Storage cupboards. Door to basement.
Bedroom One 14'2 x 13'2
Double glazed bay window to front. Power points. Radiator.
Lounge 20'8 x 13'5
Door to side. Doors to conservatory. Radiator. Power points.
Conservatory
Direct access into garden.
Bedroom Two 14'1 x 13'3
Double glazed bay window to front. Radiator. Power points.
Bedroom Three 13'2 x 9'3
Windows to side and rear. Radiator. Power points.
Bathroom 8'5 x 4'4
Bath. Wash hand basin. Low level WC. Double glazed window to side. Heated towel rail.
Kitchen 16'0 x 12'2
Range of walk and base units. Integral oven and hob. Wall mounted boiler. Power points. Door to conservatory.
Utility room 11'8 x 9'1
Spaces for washing machine, tumble dryer and dishwasher. Space for American fridge/freezer. Door to garden. Door to..
Shower room 9'0 x 3'8
Shower cubicle. Low level WC. Wash hand basin. Double glazed window to rear.
Rear garden
Laid to lawn. Fence enclosed. Paved area.
Flat 2 (first floor)
Entrance hall
Power points. Entry phone
Lounge/Kitchen/Diner 14'5 x 14
Range of wall and base units with work surface. Sink with drainer. Built in oven and hob. Space for washing machine. Power points. Radiator. Double glazed bay window to front.
Lobby
Radiator
Bedroom one 14'1 x 8'8
Double glazed bay window to front. Radiator. Power points.
Bedroom two 14'1 max x 13'6 narr to 8'1
Double glazed windows to side and rear. Power points. Radiator. Cupboard.
Shower room 7'6 x 4'8
Large shower cubicle with rain shower. Low level WC. Wash hand basin.
Flat 2B (first floor)
Hallway
Radiator
Kitchen 9'5 x 9'1
Double glazed window to rear. Range of wall and base units. Sink with drainer. Space for ovens space for fridge/freezer. Power points
Bathroom 6'1 x 5'6
Low level WC. Wash hand basin. Bath. Double glazed windows to rear.
Bedroom 12'9 x 12'3
Windows to side.
Lounge 14'9 x 13'5
Window to rear. Power points.
Flat 3 (Second Floor)
Entrance hall
Bedroom 14'0 x 13'9
Radiator. Window to rear. Power points.
Bedroom 14'0 x 9'4
Radiator. Power points. Double glazed window to side.
Lounge 14'0 x 10'8
Radiator. Power points. Double glazed window to side
Kitchen 8'6 x 7'9
Window to front. Range of wall and base units. Space for washing machine. Space for fridge freezer. Sink with drainer. Larder cupboard.
Bathroom 11'11 x 5'5
Double glazed window to side. Wash hand basin. Low level WC. Panelled bath.
Rents / Sizes
The vendor informs us of the following rents:
Flat 1 (132sqm / 1,420sqft from EPC) Rented at £1,105pcm
Flat 2 (68sqm / 731sqft from EPC) Currently vacant - almost ready to relet at around £850pcm
Flat 2B (60sqm / 645sqft from EPC) Rented at £489.66pcm
Flat 3 (70sqm / 753sqft from EPC) Rented at £572pcm
Total £35,580 PA - 5.9% yield
Local Info
None
All
Dentist
Doctor
Hospital
Train
Bus
Cemetery
Cinema
Gym
Bar
Restaurant
Supermarket
Energy Performance Certificate
The full EPC chart is available either by contacting the office number listed below, or by downloading the Property Brochure
Energy Efficency Rating
Environmental Impact Rating : CO2
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Northdown Avenue, Margate
8 Bed Not Applicable Apartment - for Sale, £595,000 - Ref:030494
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Cliftonville Sales
01843 231833
Open Sunday Out of hours Cover until 16.00.,
Monday 9.00am until 18.00
Monday 9.00am until 18.00
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Northdown Avenue, Margate
8 Bed Not Applicable Apartment - for Sale, £595,000 - Ref:030494
Continue
Try Again
Cliftonville Sales
01843 231833
Open Sunday Out of hours Cover until 16.00.,
Monday 9.00am until 18.00
Monday 9.00am until 18.00
Mortgage Calculator
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Cliftonville Sales
01843 231833
Open Sunday Out of hours Cover until 16.00.,
Monday 9.00am until 18.00
Monday 9.00am until 18.00
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