Studio

PLEASE QUOTE REFERENCE RP1132

Setting the scene

Studio Apartment, High Street, Margate – £47,000

Historic Building in the Heart of Margate | Eighth-Floor Studio | Strong Investment Potential

Set in the heart of Margate, this eighth-floor studio flat forms part of an impressive Grade II listed building rich in history and character. Positioned at the top of the High Street, the property is just a short stroll from Dreamland, Margate Main Sands, the Turner Contemporary, and the bustling Old Town — making it a highly desirable location for tenants and buyers alike.

The building itself has long been recognised as a landmark within Kent's architectural heritage, standing as a proud reminder of Margate's historic past and recent cultural resurgence.

Inside, the studio offers bright open-plan living, a modern bathroom, making it ideal for buy-to-let investors, first-time buyers, or anyone seeking a well-located base by the sea.

Rental Income & Yield:

Currently achieving approximately £550 per calendar month, the property offers a potential gross rental yield of 11% at £60,000, and up to 13.2% if purchased at £50,000 — delivering solid returns in a rapidly developing seaside town.

Key Features:

Eighth-floor studio apartment
Grade II listed period building
Central Margate – moments from Dreamland and the beach
One bathroom
Estimated rental income: £550- £575 PCM
Potential gross yield: 11% – 13.2%
Price guide: £50,000 - £60,000
Ideal for investors or coastal living

Tenure: Leasehold 67 years remaining- CASH BUYER (details available on request)

Council Tax Band: A