Summary - THE HAVEN, 39 - 49 FLAT 1 ATHELSTAN ROAD MARGATE CT9 2BE
1 bed 1 bath Flat
Large period flat with courtyard garden close to Margate beaches — ideal for cash investors.
Chain free lower-ground one-bedroom flat with courtyard garden
Large overall size (approx. 915 sqft) with high ceilings and period features
Separate lounge and kitchen; generous room dimensions given
Mains gas boiler and radiators; service charge £250, ground rent £1
Lease only 52 years — lenders may refuse mortgages or demand higher costs
Area classified very deprived with very high recorded crime; affects lettability
Solid brick pre-1900 construction likely lacks insulation — retrofit costs likely
Suit cash buyer or investor prepared for lease extension and refurbishment
This chain-free lower-ground one-bedroom flat occupies a substantial 915 sqft footprint within a Victorian terrace, offering separate lounge and kitchen plus a private courtyard garden. Its size, high ceilings and period bay-window exterior create strong rental appeal in a popular coastal location — shops, restaurants and Margate beaches all lie within walking distance.
The property is presented as an investment opportunity with practical positives: mains gas boiler and radiators, a low service charge (£250) and nominal ground rent (£1). Council tax is very cheap, and the large room proportions (lounge c.16'4 x 14'4, bedroom c.13'9 x 9'5) support flexible layouts for tenants or short-term lets.
Important cautions for buyers and investors. The lease has only 52 years remaining; many mortgage lenders may refuse lending or impose higher costs. The area has very high recorded crime and is classified as very deprived, which will affect lettability and long-term capital growth. The building is a pre-1900 solid brick construction likely without insulation — expect retrofit and maintenance costs.
This home suits a cash buyer or a specialist investor able to manage lease extension, refurbishment and letting in a challenging neighbourhood. Before bid or offer, verify lease details, financing options, and planning/consent for any alterations. The flat’s size and location give potential, but the lease length and local issues are material and must be factored into purchase plans.
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