Summary - Flat 6/D Arlington House, All Saints Avenue CT9 1XP
2 bed 1 bath Flat
Tenanted seaside flat with immediate exchange option for cash investors and holiday-let potential.
Two-bedroom sixth-floor flat with sea views and lift access
A sixth-floor, two-bedroom flat with sea views and lift access, offered with immediate exchange via Secure Sale. Currently tenanted and producing £10,500 per year, this property suits buyers seeking an income-producing seaside investment or a holiday-let close to the main sands and station.
The building is a 1960s concrete tower in a central Margate location; large windows give good natural light and sea views but the apartment relies on electric room heaters and has system-built walls with assumed no insulation. The lease has 49 years remaining — a material issue that may prevent mortgage lending and will affect value and marketability.
This lot is being sold at auction with a starting bid of £70,000. Successful bidders must pay a non-refundable 5% deposit on exchange and a reservation fee of up to 6% (minimum £7,200 inc. VAT). Buyers should review the Legal Pack and seek legal advice before bidding.
Considerations: there is no chain, excellent mobile signal and average broadband, but the local area shows high crime and very high deprivation. The flat is best suited to cash buyers or experienced investors prepared to manage lease extension, tenancy arrangements, and refurbishment to improve letability and value.
2 bedroom apartment for sale in Arlington House, All Saints Avenue , Margate, Kent, CT9 1XP, CT9 — £70,000 • 2 bed • 1 bath
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