Auction House / Kent
  • For Sale By Unconditional Online Auction
  • Guide Price* : £75,000
  • Bidding Opens 23/03/2026 13:00

Flat 2, Samuel Court 10-12 Althestan Road, Margate, Kent, CT9 2BA

FOR SALE BY ONLINE AUCTION ON TUESDAY 24TH MARCH 2026

TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE

Description

One bedroom apartment with tenant in situ

This one-bedroom basement flat represents an excellent investment opportunity, currently generating a rental income of £450 per calendar month.

Ideally situated within walking distance of Margate seafront, the accommodation comprises an entrance hall, an open-plan kitchen/living area, a double bedroom, and a bathroom. Externally to the front of the apartment, there is the benefit of a storage building.

A wide range of local shops, cafes, and restaurants can be found within a mile of the property, while Margate railway station, also approximately one mile away, offers regular and convenient services to London.

Basement Flat Entrance hall, living room, kitchen, bedroom, bathroom
Outside Storage Building
Council Tax A

Tenure: Leasehold

Lease Details: 125 years from 24 June 2002

EPC Rating: D

Important Notice to Prospective Buyers

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Buyers Premium

£1,000 inc VAT payable on exchange of contracts

Administration Charge

Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.

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* Guide | £75,000
  • 1 Bedroom
  • Unconditional (Immediate Exchange)

Call the team on 01622 948 750 for more information

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Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.

Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.