Summary - 34 APPLEDORE CLOSE MARGATE CT9 3RJ
3 bed 1 bath Flat
Compact auction purchase with clear refurbishment upside near town and beach.
Three bedrooms and one bathroom, compact 667 sq ft layout
This three-bedroom, one-bath flat in Margate offers a compact 667 sq ft layout with clear refurbishment potential. Located close to the town centre, seafront and transport links, it suits buyers aiming to add value for resale or rental income.
The property requires renovation throughout: expect modernisation of the kitchen and bathroom, possible insulation upgrades (system-built walls), and general cosmetic works. Heating is mains gas via a boiler and radiators; glazing is double glazed but install date is unknown. Broadband speeds are slow.
The flat will be sold at auction using the Modern Method of Auction. Bidders should note the non-refundable Reservation Fee (4.5% of the purchase price, minimum £6,600) and the requirement to view the Buyer Information Pack before bidding. These extra costs and the 56-day reservation completion window are material to purchase affordability and timing.
Nearby schools and local amenities are convenient, and there is no recorded flood risk. However, the property sits in a very deprived neighbourhood, which may affect rental yields and resale timing. This is a straightforward value-add opportunity for investors or buyers comfortable managing a renovation project.
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