Spacious three-bedroom flat with courtyard and strong renovation potential near Old Town.
- Seafront split-level apartment with vaulted open-plan living/kitchen
- Three double bedrooms including master with en-suite
- Private courtyard provides useful outdoor space
- Share of freehold; 104 years remaining on the lease
- Needs renovation and cosmetic refurbishment throughout
- Service charge around £5,000 pa (above average)
- Chain-free sale for quicker completion
- Local area: very high crime and very deprived — consider resale risk
A spacious three-bedroom, split-level seafront apartment arranged over 893 sq ft, positioned on Ethelbert Crescent with easy walking access to Margate Old Town and local amenities. The apartment offers a dramatic open-plan living room and kitchen with a vaulted ceiling and good natural light, plus a private courtyard and an en-suite to the master bedroom. Comes with a share of freehold, 104 years remaining on the lease and is offered chain-free.
This property will suit buyers prepared to carry out some refurbishment. It currently needs TLC and cosmetic updating throughout, presenting an opportunity to add value through modernisation. Service charges are above average at around £5,000 per year — an important cost to factor into running expenses.
The location is a major selling point: direct seafront position, close to the Turner Contemporary, Old Town and good road rail links to London. Note the local context — very high crime rates and a very deprived area classification — which may affect resale and rental perceptions. Flood risk is low and essential services (gas heating, double glazing) are already in place.
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