Main image of 2 bedroom  Flat for sale, Northumberland Avenue, Margate, Kent, CT9
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£300,000 Offers over

2 bedroom Flat for sale,
Northumberland Avenue, Margate, Kent, CT9

Patrick McDonnell Branch Manager
Patrick McDonnell
Director
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Features and Description

  • SEA VIEWS
  • 3 BALCONIES
  • NO CHAIN
  • SHARE OF FREEHOLD
  • UTILITY ROOM
  • IDEAL INVESTMENT
  • 2 DOUBLE BEDROOMS

SEA VIEWS - 3 BALCONIES - NO CHAIN - SHARE OF FREEHOLD!

Your Move are delighted to market this no chain, first floor apartment in this iconic Art Deco 1930s former hotel which was converted in 1950. It still retains many original features with the grand foyer and its wooden cladded walls and lifts which were all salvaged from the grand cruise ship RMS Mauretania which served the British forces in World War I. This apartment benefits from an entrance hall, spacious fitted kitchen with a door to a balcony and sea views, utility room with a further balcony with sea views, master bedroom with its own balcony and sea views, second double bedroom, modern bathroom and the lounge/diner with its double glazed boxed bay window with window seats and panoramic sea views. It also benefits from a 1/25th share of the freehold with a 925 year lease, communal garden, resident parking and is just a stone's throw from the cliff tops of Palm Bay with its sandy beaches. Although there is currently a tenant and they would understandably like to stay it could be sold vacant although it currently produces an annual return of £ 14,400. This would make an ideal home, holiday home or investment so call today to view and appreciate all this home has to offer.

Northumberland Avenue, Margate, Kent, CT9

Additional Information

  • Property ref
    QCL250112
  • EPC
    E
  • Tenure
    Share of Freehold
  • Council Tax
    C
  • Local authority
    Thanet District Council
Patrick McDonnell Branch Manager
Patrick McDonnell
Director

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Your Move Estate Agents Margate

Margate Branch Manager
Your Move Margate
110-112 High Street, Margate, CT9 1JR
Mon - Fri09:00 - 17:00Saturday09:30 - 17:00SundayClosed

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Borrowing £270,000 and repaying over 25 years with a 2.5% interest rate.

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This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.

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Energy Efficiency Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

47

Potential

77

CO2 Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A