Land Adj 3 Duke Street, Margate, Kent - CT9 1EP

Guide Price: £275,000+

Beds: 2
Type: Flat
Tenure: No data

Past Auction - See Local Market Data For Sales Info

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Property Details

Clive Emson Online Auction describes this property as:

A freehold site situated adjacent to 3 Duke Street in the heart of Margate Old Town and a short walk to the seafront and popular Turner Gallery. The site has been granted Planning Permission for an attractive development of a commercial unit and five flats in an envious location. Local Planning Authority. Thanet District Council. Tel: 01843 577000. Website: thanet.gov.uk. Planning. Planning Permission has been granted by Thanet District Council under ref: 17/1605, dated 21st June 2018 for the erection of a four storey building to facilitate the creation of four, one-bedroom and one, two-bedroom flats along with. one commercial unit on the ground floor, subject to conditions. A copy of the Planning Consent and proposed plans will be available to download from the Clive Emson website or the Local Planning Authority website. Proposed Accommodation. Commercial Unit. Ground Floor. Shop floor, rear storeroom, kitchen area and W.C. Residential Parts. Ground Floor. Entrance with cycle store and bin store. First Floor. Flat 1. Entrance hall, living room/kitchen, bedroom and bathroom with W.C. Flat 2. Entrance hall, living room/kitchen, bedroom and bathroom with W.C. Second Floor. Flat 3. Entrance hall, living room/kitchen, bedroom and bathroom with W.C. Flat 4. Entrance hall, living room/kitchen, bedroom and bathroom with W.C. Third Floor. Flat 5. Entrance hall, living room/kitchen, two bedrooms and bathroom with W.C. ...

Auction Details

Auctioneer:
Clive Emson Online Auction
Auction date:
11:00 - 10 Feb 2021
Venue:
Remote Bidding

For viewings, biddings or more information:

Go to the Clive Emson Online Auction Website

Local Market Data

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The following data is based on a 2 bedroom Flat. This data is derived and aggregated from public sources and to be used as a guide not an authority. Please let us know if you spot any anomalies.

Average sold price:

£164,000

Average asking price:

£159,490

Average price per sq/ft:

£175
Date Price Address Distance (miles)
23 Oct 2020 £220,000 74, Ramsgate Road, CT10 2DJ 3.28
20 Oct 2020 £167,500 37b, Grosvenor Road, CT10 2BT 3.05
11 Sep 2020 £150,000 15, St Pauls Road, Cliftonville, CT9 2DB 0.60
25 Aug 2020 £200,000 18, Lawn Road, CT10 1AA 3.13
31 Jul 2020 £61,250 42, College Square, CT8 8BW 2.17
30 Apr 2020 £170,000 92, Broadstairs Road, CT10 2RU 2.49
20 Mar 2020 £153,000 32, Linley Road, CT10 3HQ 2.24
24 Feb 2020 £210,000 13, Cheviot Court, CT10 1DS 3.23
14 Feb 2020 £160,000 14a, Devonshire Gardens, CT9 3AF 1.04
13 Feb 2020 £100,000 139a, Canterbury Road, CT9 5BD 0.80
23 Jan 2020 £240,000 44, Trinity Square, CT9 1HT 0.28
16 Dec 2019 £185,000 6 Victoria Place, 90, Westgate Bay Avenue, CT8 8NG 2.10
06 Dec 2019 £143,000 32, Princes Crescent, CT9 1LY 0.37
06 Dec 2019 £197,000 25, St Augustines Park, CT8 8EN 2.19
08 Nov 2019 £120,000 14, Hobart Road, Newington, CT12 6NP 3.01
01 Nov 2019 £160,000 24, Brandon Way, CT7 9XE 3.10
26 Sep 2019 £140,000 36, Balmoral Road, CT9 5PQ 1.33
09 Aug 2019 £215,000 15, Ranelagh Grove, St Peters, CT10 2TE 2.48
02 Aug 2019 £115,000 17, Magdalen Court, CT10 1DE 2.95
26 Jul 2019 £154,500 7, Aby Court, CT9 5BU 1.22

The following data is based on a 2 bedroom Flat. This data is derived and aggregated from public sources and to be used as a guide not an authority. Please let us know if you spot any anomalies.

Average weekly rental: £165

Average yield: 5.4%

Weekly Rent Bedrooms Property Type distance (miles)
£150 2 flat 0.17
£173 2 flat 0.21
£162 2 flat 0.24
£196 2 flat 0.25
£167 2 flat 0.33
£160 2 flat 0.39
£133 2 flat 0.40
£300 2 flat 0.40
£144 2 flat 0.41
£144 2 flat 0.42
£156 2 flat 0.47
£162 2 flat 0.56
£162 2 flat 0.56
£156 2 flat 0.57
£162 2 flat 0.67
£173 2 flat 0.68
£185 2 flat 0.76
£173 2 flat 0.80
£183 2 flat 0.81
£185 2 flat 0.83