Keller Williams UK
2 bed Apartment Under Offer

11 Ethelbert Terrace, Cliftonville, Kent

£175,000

Property Description

  • INVESTOR ALERT!!!

The apartment currently has a tenant in residence paying £850pcm, and can be sold with or without the tenant and is offered with NO ONWARD CHAIN.

We are delighted to offer for sale, this recently refurbished apartment with a modern finish throughout. The sea views are uninterrupted making this quite a unique & rarely available apartment on the sea front.

Within this apartment you have 2 bedrooms overlooking the sea. There is a good size lounge having new decoration and new carpets throughout. The separate white fitted kitchen, has been upgraded to include a new worktop to compliment the fitted units, new tiling, new decoration, new flooring, and the bonus of a brand-new housed combination gas boiler under warranty for that extra piece of mind.

The property further has a newly installed bathroom which has a shower over the bath.

There is the further added benefit of being on the top floor, with extra storage in the loft. A brand new consumer unit has also been installed, giving you peace of mind that you meet the latest compliance.

The AST is currently producing £850pcm on a rent guaranteed on-time basis, with this being able to transfer to the new owners if required for that extra piece of mind.

We understand from the owners that the freeholder is keen to sell for a knockdown price, with two other leaseholders also looking to purchase. With the approach, it will add value to this apartment by removing the ground rent, and having a Share of The Freehold. In addition, the opportunity, to earn from the other leaseholders who have not taken part in securing the Freehold interest.

We have priced this property to sell, and with all that is on offer, this apartment is sure to attract a lot of interest, with its various uses as a potential holiday let/serviced accommodation and more, will not be around for long so enquire today.

Leasehold Information

Number of years remaining on the lease: 121 years

Current ground rent and any review period:
- £50 per year
- 25 years

Current service charge and any review period:
- £100 per year
- 25 years

Council tax band: A

To discuss this property please contact Liani Mannifield on: