£47,000
Studio flat for sale
High Street, Margate CT9
studio Flat Property description
PLEASE QUOTE REFERENCE RP1132 Setting the sceneStudio Apartment, High Street, Margate – £47,000Historic Building in the Heart of Margate | Eighth-Floor Studio | Strong Investment PotentialSet in the heart of Margate, this eighth-floor studio flat forms part of an impressive Grade II listed building rich in history and character. Positioned at the top of the High Street, the property is just a short stroll from Dreamland, Margate Main Sands, the Turner Contemporary, and the bustling Old Town — making it a highly desirable location for tenants and buyers alike.The building itself has long been recognised as a landmark within Kent's architectural heritage, standing as a proud reminder of Margate's historic past and recent cultural resurgence.Inside, the studio offers bright open-plan living, a modern bathroom, making it ideal for buy-to-let investors, first-time buyers, or anyone seeking a well-located base by the sea.Rental Income & Yield:Currently achieving approximately £550 per calendar month, the property offers a potential gross rental yield of 11% at £60,000, and up to 13.2% if purchased at £50,000 — delivering solid returns in a rapidly developing seaside town.Eighth-floor studio apartment
Grade II listed period building
Central Margate – moments from Dreamland and the beach
One bathroom
Estimated rental income: £550- £575 PCM
Potential gross yield: 11% – 13.2%
Price guide: £50,000 - £60,000
Ideal for investors or coastal livingTenure: Leasehold 67 years remaining- CASH BUYER (details available on request)Council Tax Band: A
Grade II listed period building
Central Margate – moments from Dreamland and the beach
One bathroom
Estimated rental income: £550- £575 PCM
Potential gross yield: 11% – 13.2%
Price guide: £50,000 - £60,000
Ideal for investors or coastal livingTenure: Leasehold 67 years remaining- CASH BUYER (details available on request)Council Tax Band: A
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High Street, Margate CT9
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eXp UK - South East 114 St. Martin's Lane London, England WC2N 4BECall agent on 020 8115 4298
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The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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