Large rooms near seafront, ideal for first-time buyers or buy-to-let investors.
Chain free with exceptionally long 986-year lease
This spacious two-double-bedroom ground-floor flat offers generous room proportions across about 843 sq ft, ideal for a first purchase or rental investment. The large kitchen/diner provides room to eat and entertain, while the principal bedroom and living room retain period features such as an original fireplace. Gas central heating and double glazing are already in place.
The property is chain free with an unusually long lease (986 years), low service charge (£450) and a small ground rent (£50), which supports affordability. Its town-centre location puts shops, cafes and the seafront within easy walking distance, and transport links to London are reasonable via nearby stations and the A299.
Buyers should note this is in an area rated very deprived with higher local crime levels; the neighbourhood character is busy and urban. The building is an older, solid-brick Edwardian structure with assumed uninsulated walls and dated internal finishes — the flat would benefit from modernisation and cosmetic updating to maximise comfort and value. There is no private garden or balcony.
Overall, the flat suits first-time buyers seeking generous space at a low asking price, or investors looking for a lettable two-bedroom close to Margate amenities. The home offers clear scope to add value through updating while keeping running costs modest thanks to existing gas heating, double glazing and a long lease.
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