Compact ground-floor flat with garden—refurb required, new long lease, great short-let potential.
- Grade II listed ground-floor flat with own small garden
- Small living area c.334 sqft; best for single/couple or short-let
- New long lease (c.998 years) and share of freehold
- Requires complete refurbishment; listed-building consents likely
- Seller offers optional finished refurbishment at £185,000
- Located by Old Town and seafront; strong tourist rental appeal
- Local area: high crime and very deprived — impacts yields
- Chain-free sale; no flood risk, fast broadband and excellent mobile
A compact one-bedroom ground-floor flat in a Grade II listed terrace on Trinity Square, minutes from Margate Old Town and the seafront. The apartment includes its own small garden and open-plan living/kitchen; it is being sold with a new long lease (c.998 years) and a share of freehold, and is offered chain-free. For a buyer that wants a ready project, the seller also offers a completed-refurbishment option at £185,000.
This property requires a complete refurbishment and sits within a listed building, so any works will need listed-building consent and may limit structural changes. The flat is small (c.334 sq ft) and best suited to single occupiers, couples, short-term rental (Airbnb) or buy-to-let investors seeking a central Margate location with strong tourist appeal. Broadband and mobile signal are good, and there is no flood risk.
Buyers should note the local context: the immediate area shows high crime levels and very high deprivation indices, which will affect long-term rental yields and owner-occupier desirability. The building is undergoing wider restoration; the current marketing photos are illustrative only and show a finished example of another flat.
In short: a budget entry into Margate with clear upside for a buyer who can manage listed-building constraints and refurbishment. The choice to buy as-is at £135,000 or to take the refurbished finish at £185,000 gives flexibility depending on skill, timeline and risk appetite.
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