House For Sale £240,000
St. Johns Street, Margate, CT9

INVESTMENT OPPORTUNITY!!

Miles and Barr are delighted to bring to the market this three bedroom grade II listed building in need of renovation. Situated on St. Johns Street, this property is perfect for those looking to be close to local schools, amenities and transport links.

Internally the property comprises an entrance hall leading to a generous reception room, followed by the room which was previously the kitchen but was removed by the current owners and access to the basement on the lower ground floor. The first floor offers two well proportioned bedrooms whilst the second floor provides the third bedroom and bathroom. Externally the property boasts a courtyard garden to the rear.

In our opinion this property is ideal for those who are looking to take on a renovation project to create what could be an incredible period home.

For sale by Modern Method of Auction; Starting Bid Price £240,000 plus Reservation Fee.


This property is for sale by “Regional Auction name powered by iamsold Ltd” or “iamsold Ltd”?

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.?

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).?

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The consideration for the property in the calculation for stamp duty liability.?

Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.?

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.?

The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.?

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.?

Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable

Reception Room (3.96m x 4.22m)

Kitchen (3.05m x 3.38m)

Bedroom One (2.82m x 4.06m)

Bedroom Two (2.64m x 3.05m)

Bedroom Three (2.67m x 4.22m)

Bathroom (2.67m x 2.84m)

Basement (3.61m x 5.38m)

Parking - On Road