1 bedroom flat for sale

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1 bedroom flat for sale

Ethelbert Road, Margate, Kent CT9
£169,995

Our Summary

  • The vendor has advised that the flat will be sold with a new 125-year lease, making it an ideal first-time buy or investment opportunity

Description

This well-presented one-bedroom garden flat is situated on Ethelbert Road, just a short distance from Margate's seafront and Old Town. The property offers private access through its own front door and includes a private courtyard, modern kitchen, and bathroom. With a new 125-year lease, it's an ideal first-time buy or investment opportunity. The flat has a spacious open-plan lounge and kitchen, a double bedroom with fireplace, and a bathroom with panelled bath and shower cubicle. The property also benefits from a raised garden laid to pave. Currently rented at £725 per month, it's available with vacant possession. With a peppercorn ground rent and service charge of £200-£400 per annum, this property is a great opportunity for those looking to buy or invest in the area.
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