A Grade II listed former council house in Ramsgate has been auctioned off – for the second time.
The property at 18 Albert Street went under the hammer of auctioneers Clive Emson with an indicative price of £220,000 and was sold for £243,500.
The house has three bedrooms, a basement and an outhouse.
Since the 1980s, 18 Albert Street had been a condominium property, one of Thanet District Council’s first. The property is in a conservation area.
In 2020 the tenant died and Thanet District Council purchased the tenants’ shares.
The property was in need of a complete overhaul when it came on the market last year and was bought for £245,000 but was later relisted.
At a council meeting, where a decision to sell the property was approved, Green Councilor Tricia Austin requested a stay to review conservation and renovation options for the site due to its listed status and proximity to Addington Street, an area she described as ‘become the old town of Ramsgate’ with potential for cultural facilities. However, this was not granted.
Auction appraiser Jon Rimmer said: ‘It may be possible to convert the basement into a self-contained apartment, provided all necessary consents are obtained.
“It is located close to Ramsgate Royal Marina and the city center but needs improvement.
“The sea view is a really attractive feature and we were interested in a variety of potential owners.”