Mann are excited to present this excellent investment opportunity located in the centre of Margate. This chain free studio flat is in well presented condition and is also being sold with a tenant in situ. Upon entrance to the property, there is an entrance hallway, to the right is where you will find a three piece shower room. Furthermore, there is a well maintained kitchen which is situated at the rear of the property. At the front of the residence, you will find the main reception space which is currently being used as a bedroom/ living room. Externally the property benefits from a communal courtyard garden with rear access. Auctioneer comments This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.