Block of Three Flats to Be Sold at Auction
Address
20 Crescent Road, Margate, Kent, CT9 5AP, England
Auction date
29 May 2025
Guide price
£200,000
Type
Residential
Tenure
Unknown
EPC Rating
Unknown
Auctioneer
Town and Country
Description
This income-generating block consists of 3 flats with un-split titles. The current annual income is approximately £20,196 with a potential increase to £22,896.
The property is well-located within walking distance to Margate Station and the Blue Flag Margate Beach.
Each flat has different specifications:
- Flat 1: Top Floor, 56 sqm, EPC = E
- Flat 2: Mid Floor, 39 sqm, EPC = D
- Flat 3: Basement, 35 sqm, EPC = E
There are also additional auction conditions including a special buyers premium of 5% + VAT.
Last update: 01 Jun 2025