Summary - TRINITY COURT, 50 - 51 FLAT 24 TRINITY SQUARE MARGATE CT9 1HT
2 bed 1 bath Flat
**Standout Features:**
- **Ideal Investment**: Tenants currently in situ, offering immediate rental income potential.
- **Prime Location**: Close walking distance to Margate Old Town and the beach, perfect for tourists and local amenities.
- **Characterful Design**: Converted Victorian industrial warehouse with high ceilings and charming period features.
- **Affordable Price**: Competitive pricing at £115,000 for a coastal flat.
**Potential Downsides:**
- **Size**: Small two-bedroom layout at 605 sq ft, which may be limiting for some buyers.
- **Maintenance Costs**: Service charge of £2,408 annually, plus ground rent of £135, indicating ongoing expenses.
- **Local Concerns**: High crime rate and area deprivation may deter some potential renters or homeowners.
Discover a fantastic buy-to-let opportunity in this charming two-bedroom flat situated in Margate's vibrant community. Perfect for savvy investors, this property boasts a unique Victorian industrial design, complete with arched windows and high ceilings. The flat is just a short stroll from the beach and Margate's dynamic Old Town, ensuring strong rental demand thanks to the ongoing tourist interest in the area.
While the flat offers character and convenience, be mindful of its smaller size and the associated service and ground rents. The local community features good primary and secondary schools, making it also appealing for families seeking a home. Don’t miss your chance to invest in this growing market—secure your property today before it’s gone!
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