Summary - Flat 16, Charmaine Court, 1-3 St Margarets Road TN37 6EH
2 bed 1 bath Flat
Light-filled two-bedroom ground-floor home near seafront and station.
Chain free two-bedroom ground-floor flat with high ceilings and sash windows
Long lease (approx. 189 years), small ground rent £250 pa
Service charge c. £2,454 pa, payable twice yearly
EPC rating E; electric storage heaters — energy upgrades likely needed
Solid brick walls, likely limited insulation; sash windows may need maintenance
Short walk to seafront, Norman Road shops and Warrior Square station
Currently let at £1,100 pcm; vacant and ready for re-let or move-in
Local area: higher crime and very deprived — consider for resale/rental risk
This ground-floor two-bedroom flat on St. Margarets Road delivers spacious period character and an excellent coastal location. High ceilings and large sash windows create an airy, light-filled living room that feels larger than the floor area suggests. The property is chain free and currently vacant after a let of £1,100 pcm, making it straightforward for a buyer to occupy or re-let.
Practical running costs and ownership details are clear: a long lease (around 189 years remaining), modest ground rent (£250 pa) and a service charge of approximately £2,454 pa (paid twice yearly). Heating is by electric storage heaters and the EPC is rated E, so improving energy efficiency (wall insulation, heating upgrade, double-glazing checks) could reduce bills and add value.
The flat is well placed for coastal living and commuter access — a short walk to the seafront, Warrior Square station and the independent shops and cafés on Norman Road. That location suits first-time buyers seeking lifestyle and buy-to-let investors targeting steady rental demand, though the local area records higher crime and overall deprivation, which buyers should consider.
Period maintenance and retrofit work may be needed: the building has solid brick walls with assumed limited insulation and traditional sash windows that may require upkeep. These are common for Victorian flats and present clear refurbishment potential for value uplift, but they are material considerations for budgeting and mortgage suitability.
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