A group of four large, detached properties – known as the ‘Allens’ – in Park Crescent Road, Margate, is to go under the hammer at auction.
Allen Rise, Allen House, Allen Villa and Allen Lodge share a communal driveway and are in need of refurbishment. The properties were formerly part of Margate’s Royal School for Deaf Children which went into administration in 2015.
They are among 134 lots listed for sale by Clive Emson, the land and property auctioneers, ahead of its next sale.
Two ‘Allens’ have five bedrooms and two have six; they might be converted into flats or HMOs, as long as all necessary consents are obtainable.
There might even be the possibility to develop the whole 0.7 acre site if consents are available.
Auctioneer Keven Gilbert said: “These are substantial properties that could be sold as family homes.
“But it might be any new owner would decide to divide them up into flats or renting rooms. There are no permissions for changes at the moment.
“It is a fine opportunity for developers and investors.”
The freehold guide price is £900,000-plus.
The Clive Emson Auctioneers sale will be held on Wednesday 15th June.