Back to McHugh & Co

Two-bedroom ground floor flat, vacant

Cliftonville, CT9 - Get Access

2 bed 1 bath

Description

Situated off Eastern Esplanade, close to the amenities available in Margate Town Centre and travelling facilities including Margate Train Station. Walpole Bay and Dane Park are also nearby. A self-contained ground floor flat with accommodation comprising a living room/kitchen, two bedrooms, and a shower room/WC. The property is held on a lease for a term of 125 years from 11th December 2015 (thus having approximately 114 years unexpired) at a ground rent of £250 per annum doubling every 25 years. Offered with vacant possession.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 377 sq ft (Floor plan)

Valuing a compact 377 sq ft two-bedroom ground floor flat in a popular Cliftonville coastal location requires examining typical regional apartment transactions and size-to-value ratios. The property is presented in good, modern order with a 7/10 condition score and no refurbishment needed, supported by a healthy 114-year unexpired lease term. Given the absence of same-building transactions in the dataset, the valuation is derived from established Thanet flat benchmarks scaled by internal floor area.

Unlock the full valuation
  • Exact estimated value and full value range
  • Detailed written analysis of how we reached this estimate
Unlock full report