Affordable buy-to-let with tenants in place and low running costs.
One double bedroom with natural light and practical layout
This one-bedroom first-floor flat (approx. 464 sq ft) is offered with tenants in situ, making it a ready-made rental investment in Margate. The property includes a bright double bedroom, a modern galley kitchen with integrated appliances, and a naturally lit three-piece bathroom. Double glazing and gas central heating provide straightforward, cost-effective heating and comfort.
Located in a mid-century purpose-built block with communal gardens and on-street parking, the flat sits close to local shops, bus routes and everyday amenities. The 102-year lease and low annual service charge (£400) make the tenure straightforward for an investor; ground rent is modest. Council tax is very cheap, supporting affordability for tenants.
Be candid about area context: the immediate neighbourhood shows signs of deprivation and recorded high crime levels, and broadband speeds are slow. These factors can influence rental demand and tenant profile; they also create upside for an investor able to position the property competitively through management and targeted refurbishment.
Overall this is an affordable, low-entry purchase for a buy-to-let investor seeking immediate income. The flat’s modern kitchen and gas heating reduce near-term capital outlay, but consider the wider area challenges and plan for responsive property management and possible upgrades to maximise rental return and capital growth.
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