Penshurst Road, Ramsgate, CT11 8EG

Guide Price £75,000 - New Instruction

  • Investment Opportunity
  • Lounge
  • Bathroom/WC with Shower
  • Gas Central Heating
  • 1 Double Bedroom First Floor Apartment
  • Separate Fitted Kitchen
  • Entryphone System
  • Currently Let at £500pcm Until April 2020 On a Rent Guarantee With Yield in Excess of 6.25%
  • Saturday 22nd June 2019 11.00am - 12.00pm and Wednesday 26th June 2019 4.00pm - 5.00pm,

FOR SALE BY ONLINE AUCTION. Starting Bid offers over £75,000. Terms and conditions apply.

**INVESTMENT OPPORTUNITY** Synergy Property Associates are pleased to bring to the market this first floor apartment, producing an income from day one at £500pcm. With this being on a rent guarantee until April 2020. This apartment has one double bedroom, lounge with a separate fitted kitchen, bathroom/WC with shower, gas central heating throughout and an entryphone system.

The Apartment is located on the East Cliff side of Ramsgate which is situated close to the seafront, close Ramsgate Harbour, town centre with its various shops, array of bistros, restaurants, bars and cafes, local transport, being just over a mile to Ramsgate Station with its fast train links into Kings Cross St Pancras.

This is an ideal first time purchase or as a but to let investment opportunity with the current rent of £500pcm being on a rent guarantee until April 2020. With a current rental yield in excess of 6.25% and is being offered CHAIN FREE!!!

We are selling this apartment via ONLINE AUCTION starting bid £75,000 Terms and Conditions apply. With viewings taking place on Saturday 22nd June 2019 11.00am - 12.00pm and Wednesday 26th June 2019 4.00pm - 5.00pm, so register your viewing time to avoid missing out on a property that will be sold this auction and which will generate a lot of interest.

Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Floor Plan
EER Chart

The Energy-Efficiency Rating is a measure of a home's overall efficiency. The higher the rating, the more energy-efficient the home is, and the lower the fuel bills are likely to be.