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Properties for auction in Castlemount Road, CT16

Create Alert 3 results Sorry, we currently do not have any listings in 0 miles of Castlemount Road, CT16 - Please find below the nearest listings available.
New
A one bedroom first floor flat forming part of a modern development, well located for the centre of Ramsgate and Westwood Cross Shopping Centre. Vacant

THERE IS NO NEED TO CALL THE AUCTION OFFICE TO PRE-BOOK OR CONFIRM ATTENDANCE.
EACH VIEWING WILL LAST 20 - 30 MINUTES.

Open viewings on
10.00 Thursday 21 Mar - Add to Calendar
11.00 Saturday 23 Mar - Add to Calendar
11.00 Tuesday 26 Mar - Add to Calendar
10.00 Thursday 28 Mar - Add to Calendar
11.00 Monday 01 Apr - Add to Calendar
Tenure
Leasehold. 125 years from 1st January 2008.
Location
Situated on the corner with Meridian Close
Local amenities can be found close by, while the Westwood Cross Shopping Centre and the centre of Ramsgate are within easy reach
Pegwell Bay Country Park, Sandwich & Pegwell Bay National Nature Reserve and the surrounding coastline and countryside provide a variety of picturesque walks and recreational areas
Ramsgate
Description
A first floor flat
Forming part of an attractive modern development
Allocated parking space
Accommodation
First Floor – Reception Room/Kitchen, Bedroom, Bathroom/WC
Viewing
Please refer to our website savills.co.uk/auctions
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Flat 3 69, Manston Road, Ramsgate, CT12 6FD
A one bedroom first floor flat forming part of a modern development, well located for the centre of Ramsgate and Westwood Cross Sh...
Type: Flat, Residential
Location: Flat 3 69 Manston Road, Ramsgate, CT12 6FD
Images: 1
Brochures: 1
View Property
REFURBISHMENT INVESTMENT: A VACANT FREEHOLD GRADE II LISTED FIVE STOREY SEAFRONT TOWN HOUSE IN NEED OF FULL REFURBISHMENT

The property which is currently partly split into five self contained flats offers views of the seafront and Royal Marina. It is considered that the property would benefit from being refurbished back into a town house or offers potential as a Hotel or Guest House.

Guide Price
£410,000*PLUS FEES

Tenure
Freehold

Accommodation
Basement

Room One - 8'8 x 6'

Room Two - 13'7 x 10'9

Room Three - 14'1 x 10'7

Room Four - 13'2 x 12'2

Bathroom

Kitchen

Ground Floor

Entrance Hall

Room One - 16'3 x 15'9

Room Two - 24'4 x 14'5

Kitchen - 15'3 x 10'6

Bathroom

W/C

First Floor

Room One - 21' x 15'5

Room Two - 24'4 x 14'5

Room Three - 12'1 x 10'4

Bathroom

W/C

Second Floor

Room One - 14'7 x 14'3

Room Two - 14'6 x 11'8

Room Three - 13'4 x 10'5

Kitchen - 11'7 x 8'4

Bathroom

W/C

Third Floor

Room One - 14'3 x 11'2

Room Two - 11'4 x 9'7

Kitchen - 11'8 x 11'1

Bathroom

EPC Rating
TBC

Auctioneers Note
It is considered that a fully refurbished seven bedroom town house in this area could hold a potential open market value of £700,000 to £750,000 however we recommend any interested parties conduct their own investigations into this.

The property has been attempted to be split into five self contained flats however it is considered that this property does not suit this layout. The property is in a very poor state of repair.

There is a rear garden however we was unable to access this at the time of preparing the catalogue entry.

We suggest that this property is only suitable to cash buyers due to the level of works needed.

Viewing
By appointment with the Auctioneers.

Please contact us for more information
Email: auction@dedmanauctions.com
Tel: 01702 311010

Joint Auctioneer
Lovetts Estate AgentsRamsgate 01843 570305
3, Nelson Crescent, Ramsgate, CT11 9JF
REFURBISHMENT INVESTMENT: A VACANT FREEHOLD GRADE II LISTED FIVE STOREY SEAFRONT TOWN HOUSE IN NEED OF FULL REFURBISHMENT
Type: House, Residential
Location: 3 Nelson Crescent, CT11 9JF
Images: 23
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New
Features
Potential gross yield 12.45%
Mixed Use Opportunity
Ground Floor Commercial Premises
Nine Bedroom HMO Opportunity
Freehold
Upstairs Residential Space - 233m2 (taken from EPC)
Planning Permission Granted for Residential Development - DOV/18/00789
Close to St James Retail and Leisure
Dover Priory Station - 0.5 Miles
Buyer’s Premium Applicable

Location
The property is located centrally in the coastal town of Dover on the part pedestrianised Bench Street which is access via the A20 and the A256.
The property is just a short walk from points of interest such as the market square and Dover Museum. The property is a short walk away from Dovers flagship St James retail and leisure development which is located on St James street which opened early in 2018.

Description
• Retail & Residential Investment – Potential Yield 12.45%
• Nine Bedroom HMO License in Place
• Ground Floor Restaurant – Rented at £11,000 pa
• Planning permission for conversion of HMO to flats
• Tenure – Freehold
Mixed use property consisting of a ground floor commercial unit with a nine-bedroom HMO across the upper floors in a town centre location. The upper floors have planning consent for adjustment to individual dwellings (DOV/18/00789). The property is centrally located in the coastal town of Dover and is within walking distance to local landmarks as well as the recently completed St James Shopping and Leisure centre.
The property comprises a ground floor commercial restaurant space which has been let for the past 7 years to its current tenants. The upper floors of the building house a 9 bedroom HMO which is currently vacant.

Accommodation
Total – 233M2 (taken from EPC)
The property comprises a ground floor commercial restaurant space which has been let for the past 7 years to its current tenants. The first, second and third floors of the building house a 9 bedroom HMO which is currently vacant. There is planning in place to adjust the upstairs accommodation into 3 x one bedroom apartments as well as 1 x three bedroom apartment. (DOV/18/00789)

Services
We understand the property has mains gas, electricity, water and drainage however interested parties should carry out their own investigations in this respect.

Tenure
Freehold

Investment/Planning Analysis
The ground floor restaurant is currently let for £11,000 per annum. We would expect the HMO on the 1st, 2nd and 3rd floors to achieve £42,000 per annum. The property also offers a development opportunity with planning already in place to convert the existing HMO into 1 x 3 bedroom flat and 3 x 1 bedroom flats.
Application No: DOV/18/00789

Guide Price
£425,00+

VAT
Non Applicable

Buyer’s Premium
Buyers premium of 2% (min £3,600) inc. VAT

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Viewing by Appointment
To view this property, please contact John Pye Property – property@johnpye.co.uk – 0115 970 6060
4 & 4a, Bench Street, Dover, CT16 1JH
A Mixed Use Property Comprising a Ground Floor Commercial Unit and Nine Bedroom HMO.
Type: Mixed use, Other Property Types & Opportunities
Location: 4 & 4a Bench Street, Dover, CT16 1JH
Images: 18
Brochures: 1
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