£2,290,000

29 bed block of apartments for sale in Athelstan Road, Margate (ref: 341658)

Shortlist

Key Features

  • INVESTMENT OPPORTUNITY
  • 22 FLATS
  • ONE & TWO BEDROOM
  • INCOME-GENERATING
  • POTENTIAL TO PURCHASE FREEHOLD
  • AMAZING LOCATION
A fantastic opportunity to purchase this income-generating investment portfolio consisting of 14 one-bedroom apartments, 7 two-bedroom apartments and 1 studio apartment with potential to purchase the freehold.
Situated at the "coastal end" of this residential road, the property has been superbly maintained and is well located for easy access to Margate's timeless beach with tidal pool offering traditional seaside entertainment.
There are many cafe's, convenience stores, restaurants, bars and an eclectic array of shops just a short walk away in the Old Town.

Stamp Duty Due

Based on a sale price of £2,290,000 the total amount of stamp duty payable will be:

*

Last updated: The calculators have been updated following the end of the stamp duty holiday on 30th June 2021. Until the end of September 2021, it represents a staggered return to previous rates.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.

Property Images

29 bed block of apartments for sale in Athelstan Road, Margate 0

Photo 1

Further Details

  • Status: Available
  • Reference: 341658

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