A period property in Ramsgate with permission for it to be converted into seven flats is to go under the hammer at auction.
It is one of several lots in Thanet at a Clive Emson sale, with another being a site opposite Manston Airport that previously had permission for a hotel.
The substantial period property at 35 Chapel Place is an end-terrace building that was previously used as an adult education centre.
Jon Rimmer, auction appraiser, said: “This is a fine investment opportunity.
“The property likely dates from the 18th century and has been a house and vicarage but was most recently used as an adult education centre.
“It is now vacant and comes with permission for conversion into seven flats; a pair with two bedrooms and the remainder with one.
“Some improvements have already been carried out on the building and the interior has been stripped.”
The freehold guide price is £600,000-plus.
The plot of land next to Manston Airport covers 0.83 acres (0.34 hectares) and is to the south of Manston Road.
The permission that has lapsed was for the building of a 120-room hotel. This was granted in July 2006 and included demolition of garage buildings.
Jon added: “There might be the potential to reinstate the lapsed planning or find an alternative scheme. Either way, all necessary consents must be obtainable.”
The freehold guide price is £250,000-plus.
The Clive Emson Auctioneers sale will conclude on Wednesday 7th February.
