Summary - King Street, Ramsgate, CT11 8PJ CT11 8PJ
3 bed 2 bath Detached
Corner-plot investment with clear refurbishment potential near the Royal Harbour.
- Three-bedroom detached over three floors, two bathrooms
A three-bedroom detached town-centre property offering clear upside for an investor willing to refurbish. Set over three floors with two bathrooms and a small rear garden, the house sits on a corner plot between King Street and Sussex Street, within easy walking distance of the Royal Harbour’s cafés, bars and beaches.
The property is sold freehold and chain free via auction with a 56-day completion period, making it suitable for purchasers who can move quickly. The building requires renovation throughout, so buyers should factor in modernisation costs and the listed auction fees: a non-refundable Reservation Fee of 4.2% (minimum £6,000) plus a Buyer Information Pack fee of £349, and optional third-party services up to £450.
Location strengths include excellent mobile signal, town-centre amenities and nearby schools; transport and shops are immediate. Material negatives: the house is small overall (797 sq ft), in a very deprived area with above-average crime, and broadband speeds are only average. No flood risk is recorded and council tax is inexpensive.
This is a straightforward value-add opportunity for a hands-on investor seeking rental income or resale after improvement. Careful budgeting and a pre-auction lender check are advised because of the renovation requirement and auction-sale terms.
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