Summary - Flat 14/A Arlington House, All Saints Avenue CT9 1XS
2 bed 1 bath Flat
Low-price auction lot with renovation upside for cash or specialist buyers.
Sea views from fourteenth floor apartment
Offered at auction with vacant possession, this two-bedroom fourteenth-floor flat presents clear short-term value for cash buyers or specialist investors. Positioned in a purpose-built tower close to Margate town centre, it benefits from direct sea views and proximity to the train station and beach. The flat requires full modernisation throughout and is marketed with an EPC rating of D.
The lease has approximately 50 years remaining. That is a material constraint: many mainstream mortgage lenders are likely to refuse lending, so purchase will suit buyers able to fund with cash or who have access to specialist bridging or lease-extension finance. There are also auction-related fees and potential additional completion charges described in the legal pack.
Construction details point to electric room heaters, cavity walls with no added insulation and dated finishes — replacement heating, rewiring and insulation should be anticipated. The property sits in an area flagged as very deprived with very high crime rates, which will affect rental demand and resale; offsetting factors include low council tax (Band A) and strong local amenities.
For investors targeting Margate, the flat offers a low entry price and immediate renovation upside: modernising the kitchen and bathroom, improving heating and insulation, and extending the lease could materially increase value. Buyers must factor in the cost and complexity of works, the lease situation, and the added auction fees when assessing net returns.
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