Chain-free cash or investor opportunity steps from the beach and station.
Sea and inland views from sixth-floor position
Situated on the sixth floor of an iconic Brutalist block, this two-bedroom apartment offers clear sea and inland views and immediate access to Margate Main Sands and the railway station. The layout includes one double bedroom, one single bedroom, a combined lounge/kitchen, bathroom and a separate utility area. Two lifts serve all floors.
This property is best suited to a cash purchaser or investor prepared for a short lease. With only 49 years remaining, many mortgage lenders will refuse to lend—buyers should check finance options before bidding. The apartment is sold chain-free via Secure Sale online bidding and will be offered at auction.
Running costs and condition are practical considerations: an annual service charge of about £3,507 and a small ground rent of £45 apply. Heating is by electric room heaters, glazing is secondary, and walls are system-built with assumed no cavity insulation. Crime levels in the area are reported very high and the wider neighbourhood is classed as very deprived, which will affect resale and lettings profiles.
For a cash investor or a buyer seeking a seafront pied-à-terre with refurbishment potential, the flat presents clear upside: direct beach proximity, excellent mobile signal, lift access, and low council tax band A. However the lease length, high service charge and basic heating/insulation are material drawbacks that need budgeting and specialist advice before purchase.
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