Grosvenor Place, Margate, Kent

£260,000 Guide Price

2 bedroom apartment for sale

Grosvenor Place, Margate, Kent
2 Bed2 Bedrooms
1 Bath1 Bathroom
1 Reception
Tenure: Leasehold
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Key Features

  • The images marked "Virtual Stager" show styling potential only. All other images show the property as currently presented.
  • Ground floor newly refurbished period apartment
  • New lease with option to holiday let
  • Private courtyard garden and allocated parking
  • Short walk to Margate main sands
  • Perfect as a first time purchase or a holiday apartment that can create income when you are not using it
  • Above-average EPC energy efficiency rating C (71/79)

Description

What's not to like about this period ground floor apartment. Centrally located, short walk to Margate main sands, private courtyard and allocated parking. No onward chain and the new lease allows holidays lets so you can create income when you are not using it.

 

Important information about this property

  • Shared Ownership: no
  • Annual ground rent: £1
  • Annual Service Charge: £1400
  • Council Tax exempt: no
  • Council Tax band: A
  • Tenure: Leasehold, 999 years remaining on lease
  • If buying to rent, please check if Local Authority licensing schemes apply before proceeding
  • Legal advice should be taken to verify fixtures/fittings, planning, alterations and/or lease details
  • Appliances & services are untested, dimensions are approximate and floor plans are not to scale
  • Through a Homewise Home For Life Plan people aged 60+ can secure this property for up to 59% less, by purchasing a Lifetime Lease
  • Proposed development at Manston airport may affect this area
Energy PerformanceToggle Icon

Room Dimensions

Hallway
Lounge/Diner21'1 × 15'5 (6.43m × 4.7m)
Bedroom 110'4 × 9'8 (3.15m × 2.95m)
Separate Toilet7'2 × 2'9 (2.19m × 0.84m)
Bedroom 29'6 × 9'5 (2.9m × 2.87m)
Bathroom7'0 × 3'5 (2.14m × 1.04m)
Courtyard Garden

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Grosvenor Place, Margate, Kent

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Investment opportunity

Estimated rental income: £980 pcm

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Victoria Hill

Victoria Hill

Branch Partner
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What could my mortgage repayments be on this home?

Monthly Repayments:

£ 1,041

Aged 60 or over?


You could secure this property for thousands less with a Home for Life Plan.

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Good to know

Victoria Hill

Victoria Hill

Branch Partner
Thinking of moving home?Use our instant valuation tool and see what your home is worth in secondsEnquire or Book a ViewingCall 01843 227447

Investment opportunity

Estimated rental income: £980 pcm

Ask the lettings experts a question
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