• SOLD BY THE MODERN METHOD OF AUCTION +
• COUNCIL TAX BAND E +
• EPC RATING TO FOLLOW +
• PROPERTY RIPE FOR DEVELOPMENT +
• LARGE FOUR STOREY RESIDENCE +
• PRE PLANNING APPLICATION APPROVED +
• GREAT LOCATION +
• EARLY VIEWINGS RECOMMENDED +
• NO ONWARD CHAIN +
• QUOTE JB0460 WHEN ENQUIRING +

LOOKING FOR A MASSIVE HOUSE THAT THE WHOLE FAMILY/EXTENDED FAMILY CAN LIVE IN? COME A LOOK AT THIS PROPERTY - WHATEVER YOU ARE LOOKING FOR, THIS HOUSE WILL PROBABLY ACCOMMODATE IT!  Property Overview A striking four-storey Victorian residence stands ready for transformation. Boasting generous proportions and architectural elegance, this grand villa is ideal for conversion into separate flats, offering substantial returns for the discerning investor or creative developer. Development Potential ·         Four Expansive Storeys: The sizeable layout provides multiple configuration options, from luxury apartments to practical family flats. ·         Large Garden to the Side: A rare asset in central Ramsgate, the side garden is not only generous in size but also presents additional development value. ·         Council Approval in Place: The garden’s development potential is already unlocked, with local council approval secured. This paves the way for new dwellings, added amenities, or landscaped communal spaces—limited only by your vision. Location Highlights Nestled in the heart of Ramsgate, South Eastern Road combines historical charm with urban convenience. Residents will enjoy proximity to local shops, excellent schools, and the vibrant seafront, enhancing the villa’s appeal for future occupants. Why Invest? ·         Rare Victorian Architecture: Sought-after period features offer timeless appeal and robust market value. ·         Multiple Revenue Streams: Potential for several self-contained flats, plus additional units in the garden, maximises profitability. ·         Ready for Renovation: With structural grandeur intact, the property is a blank canvas for refurbishment and re-imagination. ·         Planning Advantage: Council-approved development space saves valuable time and guarantees future expansion options. This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.