One-bedroom flat with strong rental potential near Margate seafront.
1 bedroom, approx. 613 sq ft, open-plan living layout
Sea views to front and rear, close to beach and station
Requires renovation throughout; no central heating system present
Lease c.49 years — many lenders may refuse mortgage finance
High annual service charge approximately £2,861
Chain free sale, ground rent low at £20
Residents off-street parking included
Located in very deprived area with very high local crime rates
Set within the iconic Arlington House, this one-bedroom flat (approx. 613 sq ft) offers sea views to both front and rear and sits close to Margate’s main sands, station and Old Town. The open-plan living area, large double bedroom and practical layout make it a straightforward rental or resale proposition once refreshed.
The property requires updating throughout and currently has no central heating system (electric heaters assumed). Service charge is substantial at about £2,861 per year and the lease has c.49 years remaining—many mortgage lenders may refuse finance. Ground rent is low at £20 and the sale is chain-free.
This apartment will suit investors or buyers experienced with short-lease purchases and renovation budgets. Note the building is in a very deprived area with very high local crime rates; these are important factors for resale and lettings strategy. Residents’ off-street parking and excellent transport links help offset some location challenges.
Buyers should factor in the cost of works, potential lender restrictions due to the lease length, and the ongoing service charge when assessing value and expected returns.
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