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Offers Over

£475,000

Cliff Terrace, Margate, CT9

3 bedroom House for sale, Margate, Kent, CT9

Key Features

3 Bedrooms
2 Bathrooms
1 Reception Room

Contact Your Move Charterhouse Cliftonville

01843 291 777

Ref: 528841625

Offers Over

£475,000

Ref: 528841625

Cliff Terrace, Margate, CT9

3 bedroom House for sale, Margate, Kent, CT9

Ref: 528841625

Your Move Cliftonville

Property ref: 528841625

01843 291 777

Tenure: Freehold
  • Direct Sea Views
  • 3 Bed Split Level Apartment
  • Over 6% Yield
  • Freehold Property
  • Income From Commercial Property
  • Ideal Airbnb Or Holiday Home
  • Can Be Sold Fully Furnished
  • 2 Bathrooms
  • Beautifully Finished
  • Roof Terrace And Balcony
Details
Tenure: Freehold
  • Direct Sea Views
  • 3 Bed Split Level Apartment
  • Over 6% Yield
  • Freehold Property
  • Income From Commercial Property
  • Ideal Airbnb Or Holiday Home
  • Can Be Sold Fully Furnished
  • 2 Bathrooms
  • Beautifully Finished
  • Roof Terrace And Balcony

SEA VIEWS, 3 BED APARTMENT, ROOF TERRACE PLUS COMMERCIAL - FREEHOLD OVER 6% YIELD
We are delighted to market this freehold building comprising of a 3 bedroom split level apartment with direct sea views, roof terrace and commercial property on the ground floor. This beautiful apartment is current used as a holiday home plus additional source of income via holiday lets bringing in an average of 20k per annum which could easily be improved upon. The apartment itself has its own private entrance, on the first floor is a bathroom, a large lounge with balcony and sea views, open plan kitchen/diner, utility room and south facing roof terrace to the rear. On the second floor are 3 bedrooms, 2 of which have direct sea views, a family bathroom and access to the loft. This property also benefits from double glazed windows and gas central heating.The Commercial unit on the ground floor and basement is currently let. This freehold building would make the ideal investment with a current yield of over 6% so call today to view on 01843 291777 EPC C

Ideally located just under half a mile to the Old Town with its array of shops, cafes and restaurants and just a mile to the railway station

Picture Room Measurements Notes
Apartment EntranceVia a private wooden door with entry system.
Entrance HallWith original stripped floorboards, radiator and carpeted staircase
1st Floor LandingOriginal stripped floorboards, radiator, smoke alarm,
Bathroomft. 8' 4" x 6' 6"
m. 2.54m x 1.97m
With 2 double glazed windows to the rear, original floorboards with inset pebble feature, freestanding roll top bath, pedestal wash basin, low level wc, heated chrome towel rail
Loungeft. 18' 11" x 16' 1" (into Bay)
m. 5.77m x 4.91m (into Bay)
With a double glazed bay window with direct sea views, a double glazed door to the balcony. Original stripped floorboards with a cast iron feature fireplace, 3 radiators, tv and phone point, feature opening with exposed timber beams into kitchen area.
BalconyTo the front of the property with direct sea views
Kitchen / Dinerft. 13' 3" x 13' 7"
m. 4.03m x 4.14m
Open plan with original floorboards, radiator, smoke alarm, overhead drop lights, space for dining table. A range of matching wall and base units in a gloss slate grey finish, wood effect worktops, localised tiling, freestanding Delonghi electric range, built in microwave. Opening through to utility
Utility Areaft. 9' 0" x 7' 7"
m. 2.75m x 2.31m
With a double glazed window and door to the roof terrace. A range of matching wall and base units in the same gloss slate grey, double butler sink, integrated fridge/freezer, integrated dishwasher, cupboard housing the boiler, space for washing machine.
Roof Terraceft. 15' 1" x 17' 8"
m. 4.6m x 5.38m
South facing decked and fanced with storage units housing a washing machine and dryer.
2nd Floor LandingVia a carpeted staircase with a double glazed window to the rear to a large landing with original floorboards throughout the top floor, radiator, loft access.
Bedroom 1ft. 12' 3" x 13' 0"
m. 3.73m x 3.97m
With a double glazed window to the front with direct sea views, cast iron firplace, radiator, built in wardrobe, tv point, original floorboards.
Bedroom 2ft. 12' 4" x 9' 5"
m. 3.75m x 2.86m
With a double glazed window to the rear with fitted blind, radiator, tv point, original floorboards.
Bedroom 3ft. 6' 9" x 9' 10"
m. 2.06m x 3m
With a double glazed window to the front with direct sea views, radiator, original floorboards.
Bathroomft. 10' 9" x 3' 10"
m. 3.27m x 1.17m
Double shower cubicle, modern wash basin, low level wc, chrome heated towel rail, extractor, original floorboards.
Loft
Commercial UnitCurrently let as a restaurant with dining area, kitchen, toilet and rear outside space with access, large basement used as entertainment area.
IncomeThe ground floor and basement are currently let out with 12 years remaining at £9600 per annum plus annual increments at 4% above inflation. The apartment although currently used by the owner as a holiday home also produces approximately 20k per annum and could be sold as a going concern holiday let with all the furnishings and fittings.
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EPC

Energy Efficiency Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

70

Potential

76

CO2 Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

66

Potential

73
Stamp Duty

Find out how much Stamp Duty you might pay.

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This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased to 7 July 2020, then from 8 July 2020 until 31 March 2021. For more information on Stamp Duty Land Tax, click here.

IMPORTANT NOTE TO PURCHASERS: We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

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Your Move Charterhouse Cliftonville

Property ref: 528841625

01843 291 777

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Your Move, Cliftonville branch details

Your Move Charterhouse Cliftonville

Unit 5a 220-228 Northdown Road,
Cliftonville,
Margate,
Kent,
CT9 2QD

01843 291 777

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