2 bedroom flat for sale

For sale by Modern Method of Auction; Starting Bid Price £135,000 plus Reservation Fee.

TWO BEDROOM APARTMENT WITH STUNNING SEA VIEWS – RENOVATION OPPORTUNITY IN MARGATE OLD TOWN

Miles & Barr are pleased to present this rarely available two-bedroom apartment located on the second floor in the heart of Margate’s vibrant Old Town, offering direct, uninterrupted sea views across Margate Harbour and Main Sands.

Situated within a well-maintained building with secure entry and tidy communal areas, this apartment is ideal for buyers looking to renovate and personalise a property in a prime seaside location.

Internally, the accommodation comprises a bright and spacious lounge with breathtaking sea views, a separate kitchen, two bedrooms, and a bathroom. The property is in need of modernisation, but with strong bones and an unbeatable view, it offers fantastic potential as a holiday home, rental investment, or full-time residence.

Ideally located just a short walk from Margate’s award-winning beach, the Turner Contemporary, and an excellent selection of cafés, restaurants, bars, and independent shops, as well as Margate’s High-Speed rail link to London.

Offered with no forward chain, this is a rare opportunity to secure a property with panoramic sea views in one of Margate’s most desirable locations.

Auctioneer Comments
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The buyer will pay £349 inc VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £7080 inc VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450. These services are optional.


Location Summary
Margate is a fantastic seaside town and contains the areas of Cliftonville, Garlinge, Palm Bay and Westbrook. The energy surrounding Margate is excellent, it holds the likes of a world class Art Gallery, the UK's original pleasure park 'Dreamland', fast Rail links into London and of course not forgetting the stunning sandy beaches and sparkling bays. You are within a 10 minute drive to the neighbouring towns which are Broadstairs, Ramsgate and Birchington. There are also good road links to London via the A299 Thanet Way and M2 Motorway.