Map1 bedroom ground floor flat for sale
Key information
Features and description
- Tenure: Leasehold (99 years remaining)
- Beautifully renovated to a high standard throughout
- Ground floor with easy access
- Generates £12,000 net profit annually
- Modern kitchen/lounge area
- Peaceful bedroom and bathroom at rear
- Currently used successfully as Airbnb
This beautifully renovated 1-bedroom ground floor apartment is a fantastic investment opportunity. Finished to a high standard throughout, this property is currently being used as an Airbnb, generating approximately £12,000 net profit annually. This income could be further increased if the new owner manages the property themselves, as the current setup includes full management services, such as cleaning and changeovers.
Upon entry, you are greeted by a modern kitchen/lounge area, perfect for relaxing and entertaining. The bedroom and bathroom are situated at the rear of the property, providing a peaceful and private retreat.
With its excellent condition and proven income potential, this apartment is ideal for both personal use and as a profitable rental property. Don't miss out on this unique opportunity to own a high-quality, income-generating home.
Identification checks
Should a purchaser(s) have an offer accepted on a property marketed by Miles & Barr, they will need to undertake an identification check. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service to verify your identity. The cost of these checks is £60 inc. VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.
Location:
Margate is a fantastic seaside town and contains the areas of Cliftonville, Garlinge, Palm Bay and Westbrook. The energy surrounding Margate is excellent, it holds the likes of a world class Art Gallery, the UK's original pleasure park 'Dreamland', fast Rail links into London and of course not forgetting the stunning sandy beaches and sparkling bays. You are within a 10 minute drive to the neighbouring towns which are Broadstairs, Ramsgate and Birchington. There are also good road links to London via the A299 Thanet Way and M2 Motorway.
EPC Rating: D
Entrance
Door to:
Lounge/Kitchen (4.02m x 4.32m)
Bedroom (3.25m x 3.38m)
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