Summary - Basement Flat, 40, Godwin Road, Cliftonville, MARGATE CT9 2HF
8 bed 4 bath Block of Apartments
**Standout Features:**
- **Strong Income Potential:** Currently earning £30,540 p/a, with easy scope to increase to £36,000.
- **Investment Ready:** Four separate, spacious two-bedroom apartments within a single block.
- **Prime Location:** Close to the sea, shops, local amenities, and excellent transport links.
- **Freehold Tenure:** Secure ownership for long-term investment.
- **Affordable Council Tax:** Financially friendly for tenants.
**Concerns:**
- **High Crime Rate:** Potential security considerations for occupants.
- **Deprivation Factor:** The area has a classification of 'Very Deprived,' which may impact some buyers' decisions.
Welcome to a lucrative opportunity in the heart of CT9 2HF! This charming block of four two-bedroom apartments is an ideal investment, generating a solid £30,540 per year, with potential for further income growth. Each apartment boasts functional layouts, with contemporary kitchens and bright living spaces, appealing to both small families and individuals looking for convenient rental options with proximity to essential amenities and transport.
Nestled near the vibrant local community, you'll find cafes, grocery stores, and recreational facilities just a stone's throw away, catering to your daily needs. While the area may face challenges, including higher crime rates and classifications of deprivation, the robust rental market and the potential to attract tenants seeking affordable living options make this property a must-see for savvy investors. Don’t miss out on the chance to secure this promising investment; the potential here is limitless!
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