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Block of Three Flats to Be Sold at Auction

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

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