Auction sale ideal for cash buyers or hands-on investors seeking coastal potential.
Sea and coastal views from large 16th-floor corner windows
Two bedrooms, separate lounge, kitchen and bathroom — 627 sq ft
Sold by auction; cash buyers only, reservation fee and BIP costs apply
Lease circa 49 years — many lenders may refuse mortgages
Service charge approx £1,470/year; ground rent £40/year
No central heating system present; electric heaters assumed
System-built walls likely uninsulated — potential energy upgrade required
Local area: very high crime and very deprived — affects resale/rental demand
Perched on the 16th floor of Arlington House, this two-bedroom flat delivers genuine panoramic sea and coastal views from large corner windows. The living space is bright with plentiful natural light and an open, traditional layout that suits a compact family home or a rental. The apartment measures about 627 sq ft and includes a separate lounge, kitchen and bathroom.
This property is offered by Modern Method of Auction with a starting bid of £80,000. It is for cash buyers only; a non-refundable Reservation Fee (4.5% of the purchase price, minimum £7,080) and a Buyer Information Pack fee apply. The lease has approximately 49 years remaining—many mortgage lenders may refuse to lend, so buyers should confirm finance options before bidding.
Running costs include an average service charge of around £1,470 per year and a small ground rent of £40. There is no central heating system present (electric heaters assumed) and the building appears to be of system-built construction with no assumed wall insulation, which may mean further investment is needed for thermal comfort and energy efficiency.
The location offers quick access to Margate’s seafront and local amenities, plus rail links toward London. Be aware the immediate area scores high for crime and deprivation, which can affect long-term rental demand and resale. This flat suits a cash buyer or investor prepared to take on lease-extension work, modernisation and to factor in auction-related purchase costs.
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