1 bedroom flat for sale

FOR SALE BY ONLINE AUCTION ON TUESDAY 24TH MARCH 2026

TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE

One bedroom apartment with tenant in situ

This one-bedroom basement flat represents an excellent investment opportunity, currently generating a rental income of £450 per calendar month.

Ideally situated within walking distance of Margate seafront, the accommodation comprises an entrance hall, an open-plan kitchen/living area, a double bedroom, and a bathroom. Externally to the front of the apartment, there is the benefit of a storage building.

A wide range of local shops, cafes, and restaurants can be found within a mile of the property, while Margate railway station, also approximately one mile away, offers regular and convenient services to London.

Basement Flat Entrance hall, living room, kitchen, bedroom, bathroom
Outside Storage Building
Council Tax A

Tenure: Leasehold

Lease Details: 125 years from 24 June 2002

EPC Rating: D

Administration Fee: £1200 inc VAT payable on exchange of contracts.

Buyer's Premium Fee: £1000 inc VAT payable on exchange of contracts.

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.