Offers over £150,000

1 bed flat for sale in Grosvenor Place, Margate, CT9 (ref: 528621)

Shortlist

Key Features

  • Updating required
  • Lower ground floor flat
  • Period building
  • Lounge
  • Kitchen
  • Utility area
  • Courtyard
  • Own entrance
  • Double glazing
  • Central heating

Video

A GOOD SIZED 1 BEDROOM LOWER GROUND FLOOR FLAT WITH ITS OWN ENTRANCE THAT WILL MAKE AN IDEAL BUY TO LET OR HOLIDAY RENTAL DUE TO ITS GOOD LOCATION CLOSE TO THE SEA FRONT, OLD TOWN AND RAILWAY STATION. With some cosmetic work required, this apartment offers a good size double bedroom, lounge, kitchen, utility area and a bathroom. There is a private courtyard to rear and there is double glazing and central heating. This flat comes with 25% share of freehold. We are advised by the vendor that an opportunity exists to extend the lease to 999 years.


Hallway
Lounge 14'10" (4.52m) x 13'4" (4.06m)
Kitchen 9'10" (3.00m) x 6'4" (1.93m)
Utility Area
Bedroom 14'2" (4.32m) x 10'6" (3.20m) doors to courtyard
Rear Lobby Area
Bathroom 9'0" (2.74m) x 7'2" (2.18m)

Small Courtyard

Residents permit parking available on street - current charges £75.50 pa

80 year lease remaining, 25% share of freehold, peppercorn rent

Stamp Duty Due

Based on a sale price of £150,000 the total amount of stamp duty payable will be:

*

Last updated: The calculator has been updated to reflect changes in stamp duty following the Mini Budget on 23rd September 2022.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.

9 Property Images

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Further Details

  • Status: Available
  • Tenure: Share of Freehold
  • Tags: Parking and/or Driveway
  • Reference: 528621

Location

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