Compact period flat near Margate Old Town — chain free, share of freehold.
Share of freehold, chain free sale
This split-level two-bedroom flat sits moments from Margate’s Old Town and coast, offering period charm in a compact layout. Its bay-windowed lounge and high ceilings give a feeling of space, while gas central heating and double glazing provide practical comfort.
The property is offered share of freehold and chain free, attractive for buyers wanting immediate occupation. The flat is small (about 580 sq ft) and suits a first-time buyer or investor seeking a city-centre rental close to shops, galleries and Margate station.
Important negatives are clear: the lease has about 57 years remaining, which may restrict mortgage options or require a lease extension. The neighbourhood shows very high crime levels and high area deprivation; buyers should factor local safety and management considerations into their decision.
Cosmetic updates are needed in parts (kitchen and some finishes), presenting straightforward modernisation potential rather than major structural work. Service charge is modest at around £300, and council tax is very cheap, reducing running costs for an owner-occupier or landlord.
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