House For Sale £200,000
GUIDE PRICE £200,000 to £225,000 -
* Calling All Investors * Welcome to Marden Avenue, Ramsgate - an excellent opportunity to own a charming and spacious 3-bedroom, 1-bathroom mid-terraced family home that presents a lucrative investment prospect with a tenant already in situ, generating an annual rental income of £13,200.
Upon arrival, the property boasts an attractive bay frontage, complemented by a walled and gated front garden, offering both privacy and a pleasing aesthetic.
Step inside and be greeted by a warm and inviting entrance hallway, leading to two well-proportioned reception rooms. The living room features a delightful box bay window to the front, allowing natural light to flood the space, creating a welcoming atmosphere. The adjacent dining room provides an excellent space for family gatherings or entertaining guests.
The kitchen is thoughtfully designed, equipped with a range of wall and base units, accompanied by complementary worktops, and comes complete with an oven and hob. Additionally, there’s a utility space leading to the rear courtyard garden which is paved, walled and gated ensuring low maintenance.
Venture upstairs to discover a split-level landing that offers access to all three bedrooms and the bathroom. The main bedroom is impressively spacious, spanning the entire width of the house, ensuring a restful and tranquil retreat. The generous double second bedroom and the cozy single third bedroom both provide ample space to cater to various lifestyle needs. The well-appointed bathroom completes the upper level, providing comfort and convenience for the whole family.
Situated in a highly desirable location, this property offers easy access to local shops, the Ramsgate train station, and a well-regarded primary school, making it an ideal investment opportunity for those seeking to add to their property portfolio.
Ramsgate is a friendly and popular Kentish seaside town with spectacular sandy beaches and a laidback vibe. The coastline faces South with its Royal Harbour and stunning Marina, Ramsgate has a thriving café culture and plenty of restaurants, shops, galleries and places of interest to visit. There are a number of well-regarded schools including grammar schools. The train station has regular and high-speed services to London and the town is well connected for road commuters also.
In summary, this mid-terraced family home on Newington Road, Ramsgate, presents an attractive investment proposition with a tenant in situ, providing a stable and impressive annual rental income of £13,200. The property's well-designed layout, courtyard garden, and convenient location make it an appealing choice for investors.
For further details or to arrange a viewing contact Alexander Russell Estate Agents by telephone, email or find us on social media. Alternatively, you can also get in touch via our website: alexander-russell.co.uk
GROUND FLOOR -
Hallway
Living Room - 3.81m x 3.18m (12'6" x 10'5") into bay
Dining Room - 3.4m x 3.35m (11'2" x 11'0")
Kitchen - 3.68m x 2.72m (12'1" x 8'11")
Utility Room - 4.19m x 2.95m (13'9" x 9'8") maximum
FIRST FLOOR -
Landing
Bedroom One - 4.19m x 3.28m (13'9" x 10'9")
Bedroom Two - 3.45m x 2.67m (11'4" x 8'9")
Bedroom Three - 2.72m x 2.54m (8'11" x 8'4")
Bathroom - 1.75m x 1.42m (5'9" x 4'8")
EXTERNAL -
Front Courtyard
Courtyard Garden (Rear)
TENURE -
Freehold
COUNCIL TAX -
Thanet District Council
Band B (£1,713.04)
TENANT IN SITU -
Assured Shorthold Tenancy
Rental Income: £13,200 PA
EPC RATING -
62 D
AGENTS NOTE - In Compliance with the Consumer Protection from Unfair Trading Regulations 2008 we have prepared these sales particulars as a general guide to give a broad description of the property. They are not intended to constitute part of an offer or contract. We have not carried out a structural survey and the services, appliances and specific fittings have not been tested. All photographs, measurements, floorplans and distances referred to are given as a guide and should not be relied upon for the purchase of carpets or any other fixtures or fittings. Room measurements are maximum unless otherwise stated. Lease details, service charges and ground rent (where applicable) are given as a guide only and should be checked and confirmed by your Solicitor prior to exchange of contracts.
