Summary - 10, Airedale Close, MARGATE CT9 2SZ
1 bed 1 bath Apartment
Affordable one-bed renovation with long lease and communal garden.
One double bedroom with separate sitting room and kitchen
Ground-floor flat with communal lawn and easy access
New 125-year lease — long-term tenure security
Gas central heating and double glazing already installed
Small overall size: 364 sq ft — compact living space
Requires renovation: kitchen, floor coverings and decoration
Service charge £1,452.39 pa; peppercorn ground rent
Location in a deprived area may affect resale and rental demand
This ground-floor, one-bedroom purpose-built flat offers a genuine entry-level opportunity in Margate with a brand new 125-year lease. Its practical layout includes a double bedroom, separate sitting room and kitchen, plus gas central heating and double glazing — useful basics for comfort and efficiency. The communal lawn provides a pleasant outdoor space without private garden upkeep.
The property requires internal renovation and redecoration: the kitchen and floor coverings are dated and would benefit from updating to maximise value. Service charge is £1,452.39 per year and the leasehold tenure means purchasers should factor ongoing charges into affordability calculations. Council Tax is Band A and therefore relatively low.
At 364 sq ft the apartment is compact, best suited to a single buyer, couple or investor seeking a low-price buy-to-let conversion. The location is in a more deprived part of Margate, which affects long-term demand and resale prospects, but the low asking price and long lease create scope for value improvement after refurbishment.
Viewings are recommended for buyers seeking an affordable first step on the ladder or a small renovation project with straightforward works. Be realistic about size and scope: cosmetic and some updating works are needed to bring the flat to a modern standard.
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