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Full details for 1 Bedroom Apartment For Sale in Margate

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Description

OFFICIAL PROPERTY LAUNCH FOR VIEWINGS: SATURDAY, 6TH APRIL 2024, 10AM - 3PM

A spacious one-bedroom apartment based on the ground floor in the idyllic Grade II Chapel Apartments, Hawley Square, Margate.

Conveniently located within an 8-minute walk to Margate‘s Main Sands beach, regenerated Old Town Square, a varied selection of popular bars, cafes, restaurant‘s and not forgetting the the vintage shops. Margate Train Station is only a 15 minute walk with speedy access to neighbouring towns and London.

The apartment offers tall ceilings, and original Chapel windows giving the rooms a very open and airy feel. The open plan space provides a fully-fitted kitchen and lounge area for relaxing and entertaining. The bedroom and bathroom boast the same ambience, giving this apartment great appeal to a variety of buyers who may want to make it their first home.

Alternatively, it makes for a great investment opportunity. The apartment is currently rented with the tenancy ending in July 2024, and currently provides a rental yield of 6%.

The property is a leasehold of 123 years, with associated service charges and ground rent.

We look forward to seeing you on the official launch day, so please book your space now!

Dial EXT 109 to contact your agent directly.

Leasehold Information

Number of years remaining on the lease: 107 years

Current ground rent and any review period:
- £200 per year
- 7 years

Current service charge and any review period:
- £2,166 per year
Council tax band: A
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