Well-managed block with communal gardens and subsidised on-site dining.
Second-floor retirement apartment for over 60s only
A ready-to-move-in second-floor apartment designed for residents aged 60 and over, occupying 797 sq ft in a modern development close to Margate’s seafront. The flat is presented in excellent condition with double glazing, generous living space and two similarly sized bedrooms. On-site features include 24-hour management, assisted living support, a communal lounge and landscaped gardens.
Practical daily living is supported by an on-site restaurant with a subsidised menu and room service, mobility scooter storage, and secure gated parking. The lease has 106 years remaining, and council tax is described as affordable — useful reassurances for longer-term planning.
Important negatives: the service charge is high at £10,441 per year and a ground rent of £475 applies. Heating is electric via room heaters, which can be costly compared with communal systems. The property is in an area of high crime and very high deprivation, which may affect resale or rental appeal and should be considered by buyers.
This apartment will suit someone looking to downsize into a well-managed retirement scheme with strong on-site support and social facilities, who is comfortable with the service charge and electric heating. Verify lease details, charges and any care arrangements with your solicitor before committing.
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