Prices Avenue, Margate

£330,000 (Sold Subject To Contract)
6 bedroom

 
PROPERTY DESCRIPTION
  • Chain Free + Freehold
  • 6 x Beds
  • Investment Opportunity 5.5%
  • 100ft + Garden
  • Split Into Two Apartments
STRONG FREEHOLD INVESTMENT!! Parkland Estates are thrilled to bring to the market this rare opportunity to get your hands on a converted duplex. The whole block is offered chain free with the entire freehold. On entering you are greeted with a thee bedroom ground floor apartment, boasting a family bathroom, one reception and a separate WC as well as access to the cellar space. This apartment has been recently let privately via the current vendor and is generating £9,300 per annum.On the first floor you have a spacious three bedroom apartment with the added benefit of a roof terrace. To the rear of the property there is a spacious garden well in excess of 100ft and this can be accessed by both flats. This flat is currently vacant but is soon to be let via Parkland Estates and should also generate around £9,300 per annum. Collectively the property will generate £18,600 per annum yielding at around 5.5%-6%! Viewings are strictly by appointment so call Parkland Estates today to arrange your accompanied access.

Entrance
Front door leading into communal lobby with doors leading to:

Apartment One
Ground floor apartment

Lounge (16'34 x 12'83 (5.74m x 5.77m))
Spacious lounge to the rear of the property, gas central heating and double glazed door to garden.

Kitchen (9'16 x 8'91 (3.15m x 4.75m))
Fitted kitchen in fair condition with mixture of wall and base units. Space for free standing cooker and plumbing for washing machine. Double glazed door to rear garden.

Bedroom One (11''86 x 12'73 (3.35m x 5.51m))
Spacious double bedroom with wall mounted central heating and double glazed bay window to the front. Feature fire.

Bedroom Two (13'45 x 13'32 (5.11m x 4.78m))
Generous sized second bedroom with wall mounted central heating and double glazed window.

Bedroom Three (12'12 x 7'82 (3.96m x 4.22m))
Generous sized third bedroom with wall mounted central heating and double glazed window looking out to the garden.

Bathroom (7'36 x 5'58 (3.05m x 3.00m))
Family bathroom comprising bath with shower over, low level WC and wash basin.

Separate WC
Located off the third bedroom comprising of low level WC and wash basin.

Cellar
Cellar space accessed via the hallway.

Garden
Spacious garden in excess of 100ft mostly laid to lawn with paved path and side access. Double storage sheds at the end. The garden is access from both flats and acts as a communal space.

Apartment 2
First floor apartment.

Lounge (16'23 x 13'20 (5.46m x 4.47m))
Spacious lounge to the front with bay window and wall mounted central heating. Double glazed with TV points.

Kitchen (11'93 x 9'02 (5.72m x 2.79m))
Fitted kitchen comprising mixture of wall and base units with space for free standing cooker and plumbing for washing machine .

Bedroom One (8'55 x 8'33 (3.84m x 3.28m))
Generous sized double bedroom, double glazed window and central heating.

Bedroom Two (13'25 x 12'70 (4.60m x 5.44m))
Generous sized double bedroom, double glazed window and central heating.

Bedroom Three (10'05 x 6'40 (3.18m x 2.84m))
Generous sized double bedroom, double glazed window and central heating.

Bathroom (8'51 x 5'10 (3.73m x 1.78m))
Family bathroom comprising bath with shower over and wash basin. Obscured glass window on the far side.

Roof Terrace
Sunny large roof terrace with ample space for table and chairs. Stairs giving access to the communal garden.

Agents Notes
None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact. No appliances have been tested.

Viewing
Please contact us on 01843 230430 if you wish to arrange a viewing appointment for this property, or require further information.

Energy Performance Certificate
Click here to view the Energy Efficiency Rating and Environmental Impact Rating for this property.


Disclaimer
Parkland Estates endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.

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