£150,000
2 bed flat for saleMarine Drive, Margate, Kent CT9
2 beds
1 bath
1 reception
EPC Rating: D
Leasehold
About this property
Positioned in the highly desirable Marwell House on Marine Drive, this two-bedroom apartment offers a fantastic opportunity to secure a prime sea-view home with panaramic views over Margate’s iconic coastline.
The moment you enter the lounge, you’re welcomed by stunning, far-reaching sea views, giving the apartment a bright, uplifting feel that’s perfect for anyone wanting coastal living at its best. The layout includes two well-proportioned bedrooms, a spacious living area and plenty of scope to modernise and add your own personal touch-ideal for turning this into the perfect seaside getaway, stylish home or standout rental property.
Marwell House sits in a superb location directly along the seafront, just a short stroll from Margate’s sandy beaches, the vibrant Old Town, Turner Contemporary, cafés, restaurants and the ever-growing cultural scene that makes the town so sought after. With Margate Station also nearby, offering direct high-speed services to London St Pancras, this is an excellent spot for commuters, London escapees or investors.
The apartment comes with a low lease of 48 years and 11 months, which is fully reflected in the pricing. While some may see this as a hurdle, in reality it presents a rare and exciting opportunity:
Ideal for cash buyers
. A fantastic investment project
. The chance to extend the lease and significantly uplift the property’s value
. A way to secure a sea-view apartment in a premium block at a far more affordable price
Sea-view apartments in locations like this rarely come to market, and with the potential to add value, this property offers both immediate appeal and long-term reward.
Key Features:
• Two bedroom apartment in sought-after Marwell House
• Stunning, uninterrupted sea views
• Directly on Marine Drive - moments from Margate’s beaches
• Bright and spacious layout with huge potential
• Close to Margate Old Town, cafés, restaurants and cultural attractions
• Near Margate Station with fast links to London
• Lease: 48 years 11 months remaining (priced to reflect; fantastic investment potential)
• Perfect for investors, cash buyers or anyone wanting a coastal project
The moment you enter the lounge, you’re welcomed by stunning, far-reaching sea views, giving the apartment a bright, uplifting feel that’s perfect for anyone wanting coastal living at its best. The layout includes two well-proportioned bedrooms, a spacious living area and plenty of scope to modernise and add your own personal touch-ideal for turning this into the perfect seaside getaway, stylish home or standout rental property.
Marwell House sits in a superb location directly along the seafront, just a short stroll from Margate’s sandy beaches, the vibrant Old Town, Turner Contemporary, cafés, restaurants and the ever-growing cultural scene that makes the town so sought after. With Margate Station also nearby, offering direct high-speed services to London St Pancras, this is an excellent spot for commuters, London escapees or investors.
The apartment comes with a low lease of 48 years and 11 months, which is fully reflected in the pricing. While some may see this as a hurdle, in reality it presents a rare and exciting opportunity:
Ideal for cash buyers
. A fantastic investment project
. The chance to extend the lease and significantly uplift the property’s value
. A way to secure a sea-view apartment in a premium block at a far more affordable price
Sea-view apartments in locations like this rarely come to market, and with the potential to add value, this property offers both immediate appeal and long-term reward.
Key Features:
• Two bedroom apartment in sought-after Marwell House
• Stunning, uninterrupted sea views
• Directly on Marine Drive - moments from Margate’s beaches
• Bright and spacious layout with huge potential
• Close to Margate Old Town, cafés, restaurants and cultural attractions
• Near Margate Station with fast links to London
• Lease: 48 years 11 months remaining (priced to reflect; fantastic investment potential)
• Perfect for investors, cash buyers or anyone wanting a coastal project
Mortgage calculator
Monthly repayment
£750 per month
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More information
Tenure
Leasehold (48 years)
Service charge
£1,200 per year
Council tax band
A
Ground rent
Ground rent date of next review
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