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12 bed

£2,100,000

Northdown Road, Margate, CT9

AVAILABLE


Property FEATURES

  • SUBSTANTIAL INVESTMENT PROPERTY
  • Potential Of 10k Per Month
  • Unique Owners Apartment
  • Converted Ballroom
  • Original Features
  • Commercial Units
  • Two X Two Bedroom Flats
  • Two X One Bedroom Flats
  • Prominent Cliftonville Location
  • Balcony
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Property DESCRIPTION

INVESTOR ALERT! We are delighted to market this substantial unique freehold property with a potential income of 10k per month. This property currently has a luxurious owners apartment which was once a ballroom and has been lovingly converted keeping the original columns and ornate coving. This apartment benefits from 5 bedrooms, 3 with ensuites plus kitchens and a 39ft balcony and lounge/diner. This apartment in itself could easily be converted into at least 2 flats with the relevant planning consent. On the ground floor there are 8 commercial units including a cafe plus a large office again which could be converted into a 2 bedroom flat with relevant planning. To the rear of the property is a caretakers flat and the rear and top 2 floors is made up of 2 x 2 bed flats plus 2 x 1 bed flats. There is also a large basement with a recreation area with sauna and shower with scope to inhance yield. To view this substancial block call 01843 291777

LocationSituated on the popular Northdown Road which has been under going recent re-development with investment from global branded chains and unique independants creating a versatile blend of retailers and cafes.


first floorEntrance With video entrance system

Atrium 47' 8" x 13' 6" (14.53m x 4.12m )

Unique atrium with original ornate coving and columns, stone effect floor, wall lights, 3 large storage cupboards, ornate ceiling rose.

Lounge / Kitchen / Dining Room 39' 2" x 28' 11" (11.94m x 8.82m )

With double glazed windows and sliding door to the 39ft Balcony, stone effect floor, original ornate ceiling roses, columns and coving, 2 radiators, entry video system, tv point, telephone point, storage cupboard which has a blocked off staircase to the ground floor,wall lights, feature fireplace. The kitchen area is fitted with a range of matching wall and base units in a cream matt finish with integrated fridge/freezer, dish washer, washing machine, 1.5 bowl sink and drainer, electric oven and hob with extractor over, breakfast bar.

Master Bedroom 14' 2" x 15' 9" (4.31m x 4.81m )

With stone effect flooring, 2 skylights, ornate ceiling rose and wall feature, feature fireplace, wall lights, phone point.

En-Suite 6' 11" x 10' 3" (2.1m x 3.12m )

Fully tiled walls and floor, jacuzzi corner bath with integrated tv and tablet, sink into vanity unit, low level wc, heated towel rail, double glazed window to side

En-Suite Dressing Area Fitted out with hanging rails and shelving

Bedroom 2 14' 1" x 15' 8" (4.29m x 4.77m )

With stone effect flooring, 2 skylights, ornate ceiling rose and wall feature, radiator, tv point, smoke alarm.

En-Suite 6' 9" x 4' 11" (2.07m x 1.49m )

Fully tiled walls and floor, corner shower cubicle, pedestal sink with mirror and vanity over, low level wc, heated chrome towel rail, window to side.

En-Suite Kitchen 6' 10" x 4' 11" (2.09m x 1.49m )

With gloss white units, tiled floor, tiled splash backs, electic oven and hob with extractor over, sink, fridge, radiator.

Bedroom 3 14' 1" x 12' 2" (4.29m x 3.72m )

With stone effect flooring, 2 skylights, ornate ceiling rose and wall feature, radiator, wall lights, tv point, smoke alarm.

En-Suite 6' 5" x 6' 3" (1.95m x 1.9m )

Fully tiled walls and floor, corner shower cubicle, pedestal sink with mirror and vanity over, low level wc, heated chrome towel rail, window to side.

En-Suite Kitchen 7' 8" x 6' 3" (2.34m x 1.9m )

With gloss white units, tiled floor, tiled splash backs, electic oven and hob with extractor over, sink, fridge, radiator.

Bedroom 4 13' 8" x 6' 6" (4.17m x 1.98m )

Stone effect floor, skylight, coving, radiator

Bedroom 5 14' 0" x 7' 0" (4.28m x 2.14m )

With stone effect flooring, radiator, ceiling rose, coving

Bathroom 8' 6" x 8' 4" (2.58m x 2.53m )

Family bathroom with fully tiled walls and flooring, extractor, downlights, wash basin into vanity unit, low level wc, radiator and heated towel rail, circular Shengya multi jet shower with speaker.

Commercial Units Set on the ground floor with office which could be converted into a 2 bedroom flat with permissions.Approximately 350sqm of commercial space currently split into units.

Basement Large basement, part of which was once part of the cafe.

Sauna And Shower Area Set in the basement

Caretaker Flat To the rear 1 bed flat

Tenanted Flats 2 x 2 bed flats and 2 x 1 bed flats



IMPORTANT NOTE TO PURCHASERS:We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.


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