1 bed Flat For Sale £55,000
FOR SALE BY ON-LINE AUCTION - ONE BEDROOM SEA VIEW APARTMENT FOR REFURBISHMENT
Located on the seventeenth floor this one bedroom purpose-built apartment affords outstanding views across Margate Main Sands and out to sea. The apartment is situated within an iconic sea front building, close to the town's main-line railway station with easy access to London via the Hi-speed rail link. The town centre with a good selection of shops and the Old Town with its eclectic selection of trendy bars & restaurants are all just a short stroll away.
The property which requires some refurbishment benefits from residents parking and an on-site caretaker.
To be offered for sale by on-line auction with a guide price of £55,000 - Auction fees apply. The auction closes at 12noon on Thursday 15th June 2023. Full details of the auction bidding process and how to register are available at the Terence Painter website terencepainter.co.uk/online-auctions.
Viewing is by appointment with the selling agents Terence Painter Estate Agents on[use Contact Agent Button].
Ground Floor
Entrance
Pedestrian access to the property is via a secure communal entrance in All Saints Avenue with stairs and lift leading to the upper floors. There is access out to the car park located at level one.
Seventeenth Floor
Communal Landing
Private front door to:
Hallway
Doors leading to bathroom, kitchen and living room.
Living Room
4.320m x 3.420m (14' 2" x 11' 3") Window with far reaching 180 degree views, including sea views. Serving hatch from kitchen. Door leading to bedroom.
Bedroom
4.46m x 3.47m extending to 4.82m (14' 8" x 11' 5" to 15' 9") Window with far reaching 180 degree views, including sea views.
Kitchen
2.390m x 1.580m (7' 10" x 5' 2") Single drainer stainless steel sink unit with storage under and above. Serving hatch.
Bathroom/WC
Fitted with panelled bath, wash basin and W.C.
Parking
Residents parking is located on the car park upper level.
Lease
The property is to be sold with the remainder of a 114 year lease which commenced 1st October 1961 (approximately 53 years remaining).
Ground Rent & Service Charges
Ground Rent: Currently set at £40 per annum (payable half yearly), rising to £80 in 2047.
Service charges: Current service charge £1,618.56 per annum (payable half yearly).
EPC Rating: 54 - Band E
Council Tax Band A
Important Information
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum (if applicable), which will be available on Auction Day.
Auction Pack & Finance
Copies of the legal pack and special conditions of sale are available online to be downloaded, via the tab on the online auction property listing page. It is the purchaser’s responsibility to make all necessary legal, planning and finance enquiries prior to the auction.
Registering For The Auction & Bidding Process
Please visit the Terence Painter website at terencepainter.co.uk and click 'Online Auctions' . In order to bid you will need to first register and verify your email. Then, via the dashboard:
* pass an ID check
* enter your card details (for your deposit payment should your bid be successful)
* enter your solicitor details
* Join the watchlist
