This property has been taken off the market.

2 Bed Flat For Sale Harold Road, Margate, CT9

£155,000- Flat

1 of 9
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 24th April 2024

Description

GREAT FIRST TIME BUY OR INVESTMENT PROPERTY.....Located on the upper ground floor this well proportioned apartment offers 2 double bedrooms - one with an en-suite, the other with a balcony, family bathroom and an open plan living room/kitchen. The apartment is double glazed and centrally heated and is only approx. 200m from the sea front. Being sold chain free with vacant possession. Call Oakwood homes to arrange an appointment to view. \r
\r
Communal Entrance\r
Communal Entrance Hall, door to flat;\r
Hallway \t\tCloak Cupboard, Utility Cupboard housing boiler and space for Washing Machine\r
Living Area \t\t13'5\" (4.09m) x 11'3\" (3.43m) opn plan to:\r
Kitchen area \t\t10'6\" (3.20m) x 6'10\" (2.08m) \r
Bedroom 1 \t\t14'5\" (4.39m) x 9'11\" (3.02m) \r
En-Suite Shower \t6'1\" (1.85m) x 5'10\" (1.78m) \r
Bedroom 2 \t\t14'7\" (4.45m) x 7'2\" (2.18m) French doors to Balcony\r
Bathroom \t\t6'10\" (2.08m) x 6'9\" (2.06m) \r
\r
Lease: 125yrs from January 2017\r
Maintenance Charge: £576.39\r
Ground Rent: £250pa\r
Ground Rent Increase: £100 every 25yrs\r
Next Schedule Ground Rent Increase: 2042\r
\r
We are advised that there is an active Section 20 notice on the property and each flat is liable for a contribution of approx. £13,900 however we understand that the vendor has already contributed £8765 towards this.
Agent Details
Oakwood Homes
Stockwell House, Cecil Square, Margate, CT9 1BD

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 2 bedroom property. See more properties like this.

£130,000
Margate, CT9
Flat
7.7
£180,000
Margate, CT9
Apartment
7.5
£230,000
Margate, CT9
Terraced
7.2
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested