Guide Price = **£25,000-£50,000
For Sale By Public Auction 12th November 2025 09:30 AM To inspect the legal documents for this property go to our website to download the legal pack
A Vacant Fourth Floor Two Bedroom Flat
**Tenure
Leasehold. The property is held on a 114 year lease from 25th July 1979 (thus approximately 50 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Dane Park are within easy reach. Transport links are provided by Margate rail station.
Description
The property comprises a fourth floor two bedroom flat situated within a purpose built block arranging over ground and seventeen upper floors. The property benefits from a lift.
Accommodation
Fourth Floor
Reception Room
Kitchen
Two Bedrooms
Bathroom
Exterior
The property benefits from residents parking.
Further Information
When purchasing a flat that has a short lease, it is important to understand that in addition to the purchase price, if you wish to extend the lease to 90+ years, you will need to pay a premium to the freeholder. This is done by way of serving a Section 42 notice to the freeholder requesting a lease extension with a suggested price for the extension. The freeholder has the right to refuse the offer and submit a counter notice with their suggested price. If you do not fully understand this process, please ask the auctioneers or a solicitor.
EPC Rating
E
Open House Viewings - Video Walkthrough Available
Viewing Schedule (No Booking Required)