Dane Road, Margate, Kent

£135,000 Guide Price

1 bedroom flat for sale

Dane Road, Margate, Kent
1 Bed1 Bedroom
1 Bath1 Bathroom
1 Reception
Tenure: Share of Freehold
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Key Features

  • Well presented chain free lower ground floor flat
  • Do you work from home: If yes you can use the outside studio
  • Private sunny rear garden
  • Walking distance to beach
  • For sale by Modern Auction - T&C's apply, subject to an undisclosed reserve price, buyer's fees apply
  • Above-average EPC energy efficiency rating C (71/78)

Description

Chain free well presented lower-ground floor flat spread over two floors. Your own front door and private sunny rear garden. Do you work from home? If yes you have the perfect outdoor studio to work from. Walking distance to Margate Old Town, restaurants, shops and sandy beaches where you can admire the amazing sunsets. 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 Auctionners, I Am Sold.

AUCTIONEER'S COMMENTS

This property is for sale by the Modern Method of Auction - powered by iamsold Ltd. 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 4.51% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable 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 £349.00 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.

REFERRAL ARRANGEMENTS

Wards and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.

Where services are accepted the Auctioneer or Wards may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

TO VIEW OR MAKE A BID - Contact Wards

 

Important information about this property

  • Shared Ownership: no
  • Annual ground rent: £1
  • Annual Service Charge: £1
  • Council Tax exempt: no
  • Council Tax band: A
  • If buying to rent, please check if Local Authority licensing schemes apply before proceeding
  • Legal advice should be taken to verify fixtures/fittings, planning, alterations and/or lease details
  • Appliances & services are untested, dimensions are approximate and floor plans are not to scale
  • Through a Homewise Home For Life Plan people aged 60+ can secure this property for up to 59% less, by purchasing a Lifetime Lease
  • Proposed development at Manston airport may affect this area
Energy PerformanceToggle Icon

Room Dimensions

Hallway
Bedroom11'5 × 11'1 (3.48m × 3.38m)
Lounge12'6 × 11'0 (3.81m × 3.36m)
Kitchen9'9 × 5'11 (2.97m × 1.8m)
Rear Garden
Studio/Office12'0 × 8'0 (3.66m × 2.44m)
Bathroom

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Dane Road, Margate, Kent

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Investment opportunity

Estimated yield: 7.29% yield

Estimated rental income: £820 pcm

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Victoria Hill

Victoria Hill

Branch Partner
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What could my mortgage repayments be on this home?

Monthly Repayments:

£ 541

Aged 60 or over?


You could secure this property for thousands less with a Home for Life Plan.

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Good to know

Victoria Hill

Victoria Hill

Branch Partner
Thinking of moving home?Use our instant valuation tool and see what your home is worth in secondsEnquire or Book a ViewingCall 01843 227447

Investment opportunity

Estimated yield: 7.29% yield

Estimated rental income: £820 pcm

Ask the lettings experts a question
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