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Ethelbert Crescent, Margate, Kent, CT9

PROPERTY TYPE

Town House

BEDROOMS

10

BATHROOMS

10

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • HOTEL WITH PLANNING SELF CONTAINED FLATS
  • JUST UNDER 4000 SQFT
  • OPERATIONAL HOTEL
  • 10 ROOMS
  • 10 BATHROOMS
  • SELF CONTAINED FLAT

Description

Invest in your future with this exceptional property situated at 8 Ethelbert Crescent, Kent. This expansive hotel property offers an exciting opportunity for investors looking to capitalize on the booming hospitality industry. With 10 rooms, 10 bathrooms, and basement flat, this property is an impressive 4000 sqft, making it an ideal investment for those seeking to expand their portfolio.

Boasting planning permission to be converted into apartments, this property presents a unique chance to further maximize its potential profitability. The hotel is operational, ensuring immediate revenue generation and eliminating any additional waiting time. Whether you're an experienced investor or new to the property market, this opportunity offers a hassle-free and potentially lucrative venture.

Situated in the highly desirable Ethelbert Crescent, this property enjoys a prime location in Kent. Close to local amenities and offering easy access to transportation links, it is attractive to both short-term tourists and long-term residents. Combining the benefits of a hotel and residential living, this property offers flexibility and provides an excellent foundation for a successful investment.

The 10 spacious and beautifully appointed bedrooms are luxuriously designed to offer guests the utmost comfort during their stay. Each bedroom is accompanied by its own private bathroom, ensuring privacy and convenience. The property's stylishly designed reception rooms provide the perfect ambiance for relaxation and socializing, making it an attractive option for hosting events or connecting with guests. With ample space throughout, the property offers a versatile layout that can be easily adapted to meet various demands and purposes.

As this property is being sold at auction, it presents an exceptional opportunity to secure an investment at a potentially favorable price. Act now to capitalize on this exciting prospect and secure your place in one of the UK's most lucrative property markets. Don't miss out on a chance to own a property that promises both immediate returns and substantial future growth. Contact us today to arrange a viewing and take the first step towards making this remarkable property yours.
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Ethelbert Crescent, Margate, Kent, CT9

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Get brand editions for Ivy & Stone, Covering East London and West Essex

About Ivy & Stone, Covering East London and West Essex

1 Dock Road, Royal Victoria, London, E16 1AG

Covering West Essex & East London we offer a bespoke service to each client, depending on their individual needs. Every aspect of your sale or let is managed by one person from valuation to completion. The aim at Ivy & Stone is to ensure a smooth journey from start to finish.

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£4,290
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference VYS_VYS_LFSYCL_939_1084408349. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Ivy & Stone, Covering East London and West Essex. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Ivy & Stone, Covering East London and West Essex on 020 7046 0338.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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