£35,000 /Sale price

Guide Price = £35,000+ **For Sale By Public Auction 17th October 2025 10:00 AM To inspect the legal documents for this property go to our website to download the legal pack** A Vacant Ground 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 ground floor two bedroom flat situated within a purpose built block arranging over ground and seventeen upper floors. The property benefits from a lift. Accommodation Ground 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) Tuesday 7 October 10:00 - 10:30 Thursday 9 October 14:00 - 14:30 Saturday 11 October 15:00 - 15:30 Tuesday 14 October 10:00 - 10:30