A detached block for four flats in Margate which was owned by Kent County Council has sold at auction for £488,000, well above the guide price.
Thanet Lodge at 54 Victoria Road was among 139 lots listed for sale by Clive Emson, the land and property auctioneers.
The freehold guide price was £275,000-plus and keen bidding saw the price rise at the online auction.
Kevin Gilbert, auctioneer, said: “This property proved popular, partly because of its location which is just a short walk from the old town with Turner Contemporary gallery.”
Earlier this month Thanet council housing boss Bob Porter said the sale of isle homes by other public sector bodies without conversation with TDC was “disappointing.”
KCC also owns homes in Surrey Road, Norfolk Road, Edgar Road Dalby Square, Nautical Mews and Park Crescent Road.
