Summary - Flat 2, 11 Ethelbert Terrace CT9 1RX
1 bed 1 bath Flat
Upper-ground one-bed with sea views and garden access — renovation project for cash buyers..
Stunning sea views from the lounge
Direct access to communal garden
Chain-free sale, cash buyers only
Requires full renovation throughout
104-year lease remaining, small ground rent (£50)
High annual service charge (£2,527)
Area very deprived with very high crime levels
Walking distance to beaches and Margate Old Town
This upper-ground one-bedroom flat in Margate offers direct access to a communal garden and striking sea views from the lounge — rare features for a property at this price point. The building’s Victorian facade and double-glazed windows add period charm and practical insulation, while the layout (517 sq ft, T-shaped) gives useful living and kitchen proportions.
The apartment requires renovation throughout, making it a clear project for a buyer willing to invest time and cash to upgrade finishes and services. The lease has 104 years remaining, ground rent is minimal, and council tax is very low, which are practical positives for long-term ownership or letting.
Important cautions: the vendor is asking for cash buyers only, and the property is sold chain-free. Service charges average £2,527 annually, and the immediate area scores as very deprived with very high crime statistics — factors that will affect resale values and rental demand and should be carefully considered.
For an investor or experienced renovator, this flat presents potential: proximity to Margate Old Town, beaches and local amenities supports short-term holiday lets or longer-term rentals after refurbishment. However, buyers should budget for works, factor in service charges, and check local management and insurance implications before proceeding.
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