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13 bedroom block of apartmentsEdgar Road, Margate, CT9 2EE

£725,000


BUY TO LET INVESTMENT OPPORTUNITY. Being offered to market with tenants in situ or vacant possession, this is a ready-made investment you cannot afford to miss. Two joined terraced buildings with the layout as follows: Number 14 Edgar Road comprises 7 bedrooms, 2 bathrooms, kitchen, large living room, and separate dining room. Potential annual income in the region of £20-25,000 per year. Number 15 comprises 3 self-contained apartments - a 2 bedroom apartment and two 3 bedroom apartments currently generating £25-30,000 annual income, representing a healthy yield. Properties in this area have high rental demand and historically sell quickly so early viewing is highly recommended.


Address
Edgar Road, Margate, CT9 2EE
Price
£725,000
Property Type
Flat
Bedrooms
13
Bathrooms
3
Tenure
Freehold
  • 13 Bedrooms
  • Flat
  • 7 Bed House + three 2 bed Apartments
  • Ready Made Investment
  • Income of £50,000 Per Annum
  • Tenants Already In Situ
  • Sought After Location
  • Close To Local Amenities

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Purplebricks vs high street agents

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Purplebricks’ fixed fee service is a great way to get excellent exposure for your home and can save you a lot of money when comparing us to the service you receive from high street agents. Get SOLD with Purplebricks.

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Your property price

£300,000

High street agent (1.3%)
£4,680
Purplebricks fixed fee (0.53%)
£1,599
You could save
£3,081

Equivalent to an average of 1.3% plus VAT charged by high street agents. Purplebricks service is a fixed fee including VAT.

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