Chain-free one-bedroom flat close to Botany Bay with parking and strong rental potential.
- Chain-free first-floor one-bedroom apartment
- Allocated off-street parking space
- Close to Botany Bay and local seafront (under 1 mile)
- 125 years remaining on lease
- Service charge circa £600 per year; ground rent £60
- Electric main fuel; heating could be more costly
- Estimated rental income £850 pcm
- Average broadband speeds locally
This bright first-floor one-bedroom flat sits in a well-kept 1990s development, less than a mile from Botany Bay and local seafront walks. The lounge/diner, double bedroom and separate kitchen are presented in good order, benefitting from double glazing and electric central heating—ready to move into with minimal immediate work required.
Practical living is straightforward: an allocated off-street parking space, communal garden, and a 125-year lease give security. Running costs are modest—council tax band A, service charge around £600 pa and a small ground rent of £60—making this attractive for a first-time buyer or buy-to-let investor. Agents estimate rental income of about £850 pcm for those considering letting.
There are some material points to note. The property is leasehold; purchasers should budget for the service charge and ground rent and confirm the exact service arrangements. Heating is electric/boiler with radiators and mains fuel is electricity, which can be more expensive than gas. Broadband speeds are average in the area. The flat is chain free, which helps speed up completion.
Overall, this compact 482 sq ft apartment offers a low-maintenance coastal base or a straightforward rental opportunity in a comfortable neighbourhood with good local schools and transport links to Margate town centre and rail services.
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