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No longer on the market

This property is no longer on the market

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2 bedroom flat

Auction
Flat
2 beds
Added > 14 days

Key information

TenureLeasehold
Council taxBand A
Mobile signal
EEO2ThreeVodafone

Features and description

  • Tenure: Leasehold
LOT 110A *FOR SALE BY ONLINE AUCTION* on 11th February 2025

Leasehold Flat Investment

Situated on All Saints Avenue, close to the amenities available in Margate Town Centre and travelling facilities including Margate Train Station. Margate Beach is also nearby.

A Self-Contained Fourth Floor Flat requiring modernisation in a Purpose-Built Block with Sea Views and accommodation comprising:

Entrance Hall
Living Room/Kitchen
Bedroom (One)
Bedroom (Two)
Bathroom/WC

Let on an Assured Shorthold Tenancy at £900 per calendar month.

Producing £10,800 per annum

Leasehold for a term of 114 years from 1st October 1961 (thus having approximately 50 years unexpired).

EPC Rating
D

Council Tax Band
A

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide. Guide prices will be continually updated on our website up until the day of the auction.

There is a buyers fee payable to McHugh & Co of £1,200 incl. VAT for lots sold over £10,000. Lots sold for less than £10,000 a buyers fee of £300 incl. VAT is to be paid to McHugh & Co.

The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the special conditions of sale available in the legal documentation. Buyers are deemed to bid in full knowledge of this.
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About this agent

McHugh & Co - London Auctions
McHugh & Co - London Auctions
71 Parkway Camden Town, London NW1 7PP
020 8022 7464
Full profileProperty listings
History Welcome to McHugh & Co. We are an independent Estate Agents and Auctioneers established in 1983. Christopher McHugh was born and brought up
in Camden Town and still lives in this area thus giving our Agency unrivalled local knowledge. What we do We have a fantastic team of dedicated sales and
lettings negotiators. Our Services include: Auctions, Sales & Lettings We are North London’s leading Auctioneers and hold regular sales throughout the year.
We sell a wide variety of Residential, Commercial and Investment Property throughout London and the Greater London Area. At McHugh & Co, ... Show more
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