- Freehold block of flats
- Two flats in total
- One bedroom flat & four bedroom flat
- Ready made investment
- Income potential £22,500 pa
- 48 hours notice to view
- Immediate income
- Central location
- Call to view
5 Bedroom Flat for sale in Ramsgate
2
5
3
FREEHOLD BLOCK OF FLATS WITH AN IMMEDIATE INCOME!
If you are looking for a ready-made investment in a centralised location then this block of two fantastic flats in Crescent Road, Ramsgate would be a perfect match to add to your portfolio!
Being sold as an ongoing, ready-made investment this freehold block of two spacious flats has plenty to offer any investor.
The first flat is situated on the lower ground floor and consists of one double bedroom, an open planning living / kitchen area, a shower room and a private outside decking area. The second flat is a substantial property with a total of four double bedrooms and is spread out over three floors. On the ground floor you will find your snug / lounge room, followed by a separate kitchen, utility room and downstairs W/C. To the first floor you will find two double bedrooms, a built-in storage cupboard and two-family bathrooms. On the top floor you will find the final two double bedrooms.
The potential annual income of this block is circa £22,500 if the current rents were reviewed by the future owner, to provide a higher return. If the current rents were increased to the current market value, then at the current asking price this investment would yield around 5%.
If you would like any further information or would like to book your accompanied viewing, please get in touch by visiting our website or calling us today!
Important information
This is a Freehold property.
Property Ref: 202203_COOKEANDCO_5908
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Cooke & Co Kent (Ramsgate)
78 Queen Street, Ramsgate, Kent, CT11 9ER
01843 851322
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