Skip to main content
Popular
Total views:  500+
Guide price
£1,600,000

24 bedroom block of apartments for sale

Parisa House, Flats 1-12, 7-11 Addington Road, Margate, Kent
Virtual tour
Auction
Block of apartments
24 beds
Added > 14 days

Key information

TenureFreehold
Council taxAsk agent

Features and description

  • Tenure: Freehold
  • For Sale by Online Auction
  • Auction Date : 06 February 2025
  • Lot Number : 116
  • Freehold Block Of Twelve Two-bedroom Flats For Investment
  • Residential Investment
  • Freehold
  • Current Rental : £116,700 Per Annum
  • *Guide Price : £1,600,000 - £1,700,000 Fees

Video tours

A modern block of twelve two-bedroom flats located in Margate's town centre, close to local amenities as well as the popular Old Town and Margate's seafront. We understand the development was completed in 2018 and has a New Home Warranty which comes to an end in October 2029.

All the flats have a modern interior with bay windows to the front and the lower ground floor flats have access to paved terraces to the rear. There is a communal amenity area located to the rear of the property, as well as bin stores, which can be accessed from the front and the rear
via Carroway's Place.

7 Addington Road
Lower Ground Floor
Flat 1
Entrance hall, kitchen/living room, bedroom one to front, bedroom two to rear and bathroom with W.C.

Outside
Paved terrace to rear.

Tenancy
Let on an Assured Shorthold Tenancy Agreement at current rental of £895 per calendar month.

Flat 2
Entrance hall, kitchen/living room, bedroom one to front, bedroom two to rear and bathroom with W.C.

Outside
Paved terrace to rear.
Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £895 per calendar month.

Ground Floor
Flat 3
Entrance hall, kitchen/living room to front, two bedrooms to rear and bathroom with W.C.

Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £895 per calendar month.

Flat 4
Entrance hall, kitchen/living room to front, two bedrooms to rear and bathroom with W.C.

Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £875 per calendar month.

First Floor
Flat 5
Entrance hall, kitchen/living room to front, two bedrooms to rear and bathroom with W.C.

Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £875 per calendar month.

Flat 6
Entrance hall, kitchen/living room to front, two bedrooms to rear, bathroom with W.C.

Tenancy
Let on an Assured Shorthold Tenancy Agreement at current rental of £875 per calendar month.

Second Floor
Flat 7
Entrance hall, kitchen/living room to front, two bedrooms to rear and bathroom with W.C.

Tenancy
Currently vacant.

Flat 8
Entrance hall, kitchen/living room to front, two bedrooms to rear and bathroom/W.C.

Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £875 per calendar month.

11 Addington Road
Lower Ground Floor
Flat 1
Entrance hall, kitchen/living room, bedroom one to front, bedroom two to rear and bathroom with W.C.

Outside
Paved terrace to rear.

Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £895 per calendar month.

Ground Floor
Flat 2
Entrance hall, kitchen/living room to front, two bedrooms to rear and bathroom with W.C.

Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £875 per calendar month.

First Floor
Flat 3
Entrance hall, kitchen/living room to front, two bedrooms to rear and bathroom with W.C.

Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £895 per calendar month.

Second Floor
Flat 4
Entrance hall, kitchen/living room to front, two bedrooms to rear and bathroom with W.C.

Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £875 per calendar month.

EPC Rating C for All Flats - except Flat 4, 7 Addington Road EPC Rating D

Council Tax Band A for All Flats

Auctioneer’s Note
We have been informed by the seller that there is the opportunity to purchase, by separate negotiation, draft leases and lease plans for the individual flats. Please contact the auctioneers for further information.

Viewing
External only.

Freehold with Part Vacant Possession

Residential EPC: C

Important:
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.


Price Information
*Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at , or contact us on[use Contact Agent Button], in order to stay fully informed with the up-to-date information.

*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to
Visit agent website

About this agent

Clive Emson Land & Property Auctioneers - Maidstone
Clive Emson Land & Property Auctioneers - Maidstone
Rocky Hill, London Road Maidstone, Kent ME16 8PY
01622 279788
Full profileProperty listings
Clive Emson Auctioneers was founded in 1989 to supply a high profile auctioneering facility to corporate and independent estate agents, private clients and
statutory bodies. Our success is due to, and remains, attributable to a firm commitment to quality and service distinguished by both our Investors in People
and ISO accreditations. The concept of the Company is to provide a specialist land and property auctioneering service and, therefore, does not compete with
the traditional estate agency, mortgage broking, insurance or any other aspect of the property world. All properties upon which we are instruct... Show more
... Show more

See more properties like this

*Disclaimer and call rate information...