Chain-free auction opportunity requiring refurbishment; ideal for investors ready to add value..
- Chain-free three-bedroom mid-terrace
- Sunny rear garden with decent plot size
- Needs full modernization throughout
- Sold at auction; buyer reservation fee applies
- Area classified as very deprived; above-average crime
- Double glazing (installed pre-2002) and gas central heating
- Small overall size (approx. 808 sq ft)
- Freehold tenure, fast broadband and excellent mobile signal
A compact three-bedroom mid-terrace offered chain-free and sold via Modern Method of Auction — a straightforward prospect for investors or landlords seeking a value-add purchase. The property requires full modernization throughout, presenting a clear refurbishment project to increase rental income or resale value. Key positives include a sunny rear garden, freehold tenure and double glazing already installed.
Positioned in Ramsgate, the house benefits from the town’s improving transport links and local amenities, making it suitable for commuter tenants or buy-to-let portfolios. The layout is traditional with two reception rooms, a small kitchen and three bedrooms across two floors within about 808 sq ft — manageable for a medium-scale refit or configuration change.
Buyers should note material transactional costs and practical drawbacks: the sale is by auction with a non-refundable Reservation Fee (4.5% of the purchase price, subject to a minimum) plus a buyer information pack fee, and other optional service fees may apply. The immediate area is classified as very deprived with above-average crime rates; budget for security, repairs, and possible insulation or heating upgrades (cavity walls assumed uninsulated).
This house suits an investor or hands-on buyer prepared to carry out renovations and factor in auction costs and local market considerations. With refurbishment it offers realistic scope to improve rent or resale value in a town showing regeneration and commuter demand.
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