4 bed end of terrace house to buy in CT9

Osborne Terrace, Margate, Kent, CT9 1TP

Brochure

Bedrooms: x 4

Bathrooms: x 1

Receptions: x 1

Tenure: Freehold

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Starting bid£270,000

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Key Information

Council tax: Band B
EPC rating: C
Heating supply: Gas
Electricity: National Grid
Mobile signal: Good
Parking: None

Property features

Being Sold via Secure Sale online bidding. Terms and Conditions apply.
BTL Investment Opportunity currently receiving £1300pcm
4 Bedrooms
End of terraced property
Quiet no through road
Free Street Parking
Close To Amenities

4 bed end of terrace house to buy in CT9

Space and location, this 4 bedroomed family home has it all; currently tenanted, providing a ready-made and ideal Investment Opportunity. The current tenant has been renting this property for 7 years and the current owner is offering the property with the current tenant in situ.

The current rental income is £1300pcm. There is scope to increase rental income further in line with the local market values.

Step inside

This large 4 bedroomed family property has been lived in and loved by the current tenant for over 7 years.

The heart of the home is the kitchen, which is fully fitted, has plenty of work surfaces and space for the breakfast table. There is also a handy downstairs cloakroom and side access into the garden. The kitchen also has a pantry providing even more storage space plus access to the understairs cupboard.

On this level there is also a large living - dining room with double aspect windows.

Upstairs you'll find 4 bedrooms and a family bathroom.

Step outside

The front of the property includes a fenced garden area with direct access at the side of the property to the rear garden. At the rear of the property the garden includes a secluded grassed area, established plants and shrubs and a large pathed patio; plenty of space for the whole family to relax. There's also a useful brick out building.

Out and about

Set within a residential area, near to schools, Dane Park and Thanet's QEQM hospital. Margate's sandy beach and Old Town, with a range of independent shops, buzzing cafes, pubs and restaurants are a walk away.

Westwood Cross shopping centre with its leisure facilities, including restaurants and a multi-screen cinema is less than a 10 minute drive.

Margate is also a short drive to some wonderful beaches, golf courses and the famous Cathedral City of Canterbury and there are great rail and road links to central London.

There is a thriving cultural scene that has developed, complemented by countless boutique shops and creatives setting up work studios in the area and of course its famous theme park, Dreamland, which is also one of the area’s best live music venues.

Open map Street view

This property is being sold subject to unconditional reservation fee auction terms and conditions.

Timescales

Contracts will exchange immediately. There are 28 days in which to complete the purchase.

Legal Pack

A legal pack is available to download. Special conditions may apply.

We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.

Deposit

In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.

The deposit is non-refundable.

Buyer Fees

This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £6,000 + VAT (£7,200 inc VAT) This does not form part of the purchase price.

A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.

More Information

For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk

ONLINE AUCTION NOTICE

I hereby acknowledge and confirm the following:

My bid may be accepted by the seller at any time before the close of the auction. It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack.

If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.

Any amount payable at the close of the auction must be paid within 1 hour.

Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second.

Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation.

Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.

The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.

It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.

The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice.

Minimum online bidding increments:
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
£250,001 to £750,000 - £2,500 minimum bid
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid

Please note this bidding process applies specifically to online auctions.

More Information is available:

For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk

Please log in to view and download the legal pack files.

Heating supply: Gas
Electricity supply: National Grid
Water supply: Direct mains water
Sewerage supply: Standard UK domestic
Air conditioning: No
Mobile signal: Good

Construction

Year built: 1950
Construction materials: Brick and block
Roofing types: Clay tiles

Building Safety

Property at particular risk of floods and/or erosion: No
Has flooded in last five years: No
Has flood defences: No
Has planning permission or proposals for development that will affect property: No
Is on a coalfield or mining area: No

Rights and Restrictions

Is listed building: No
Is conservation area: No
Has public right of way: No
Has accessibility adaptations: No
Has restrictions: No
Has required access (easements, servitude or wayleaves): No

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