RE/MAX is pleased to offer this attractive investment opportunity to purchase a six bedroom terraced house in Cliftonville, by Margate seafront in Kent.
The building is currently split into two self contained apartments:
Ground & first floor: 4 bedroom, 2 reception room, bathroom, kitchen
Second floor: 2 bedroom, reception room, bathroom, kitchen
Total rental income is £17,500pa, boasting a generous 7% yield. Sold with tenants in situ and no onward chain.
Located on the seaside town of Margate placed first in Zoopla’s 2016 Seaside League and named one of best places to live in Britain by The Sunday Times in 2017. Local government and private investment in the area have attracted a wave of London-based investors seeking high returns in the South East of England.
For viewings please contact the office.