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1 bed flat for sale

£130,000 Offers over

Crescent Road, Margate, Kent CT9

1 1 1
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Property features

  • 1 bedroom converted flat
  • Sold with tenant in situ
  • Small courtyard garden
  • Close to park and shops
  • Close to the main line train station and sandy beach
  • EPC energy rating C (69)

Property description

With your own front door this lovely one bedroom ground floor flat and a tenant in situ is a ready made investment.

Being so close to the main line train station and Margate's golden sands you have a property that will always be in high demand whether it be for a assured short hold tenancy or holiday let.

With a large lounge and a separate kitchen this has everything you could need to make this your home. This could be seen as an ideal long term investment and in future years used as your own pied-a-terre.

With a tenant already in place this will not suite everyone, however it can reduce the stress of finding a tenant and make this as painless process as possible.

With the continued improvement of Margate this really is an ideal investment opportunity.

What the Owner says:
When I purchased the property I had the work carried out to make two maisonette and have rented out downstairs for an income.

The tenant has never been a problem and is very settled. I would love them to stay.

Room sizes:
  • Lounge Area 14'0 x 13'11 (4.27m x 4.24m)
  • Shower Room 12'10 x 11'0 (3.91m x 3.36m)
  • Kitchen 12'9 x 6'2 (3.89m x 1.88m)
  • Bedroom 12'0 x 9'2 (3.66m x 2.80m)
  • Outside
  • Courtyard Garden

The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.


Property info

Floorplan(s): Ground Floor Plan

Ground Floor Plan View original

Market activity
Average price paid £220,571 Sales 772 Current average value £224,462 (Zoopla Zed-Index) Value change £1,031 ▲ 0.46%

Property value data/graphs for CT9

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £350,401 £249 3.5 £346,648
Semi-detached £251,479 £225 3.4 £265,317
Terraced £205,951 £199 3.2 £211,428
Flats £134,093 £206 1.8 £138,957

Current asking prices in CT9

Average: £268,816
Avg. current asking prices in CT9
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £183,750
(4)
£212,806
(79)
£278,901
(128)
£357,957
(86)
£348,678
(42)
Flats £131,166
(89)
£167,769
(128)
£274,350
(27)
£391,667
(3)
£275,000
(1)
All £133,428
(93)
£184,957
(207)
£278,109
(155)
£359,093
(89)
£346,964
(43)

Current asking rents in CT9

Average: £732 pcm
Avg. current asking prices in CT9
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £488 pcm
(5)
£737 pcm
(10)
£1,044 pcm
(8)
£1,337 pcm
(8)
£1,575 pcm
(4)
Flats £506 pcm
(31)
£629 pcm
(19)
£992 pcm
(7)
£949 pcm
(1)
-
All £504 pcm
(36)
£666 pcm
(29)
£1,020 pcm
(15)
£1,294 pcm
(9)
£1,575 pcm
(4)

Fun facts for CT9

Highest value in CT9
Highest value streets Zed-Index
Pembroke Avenue £525,110
The Ridings £519,994
Royal Esplanade £464,202
Barnes Avenue £459,180
Westcliff Gardens £448,158
Highest turnover in CT9
Highest turnover streets Turnover
Nightingale Place 109.1%
Harold Road 58.8%
Jacob Close 58.3%
Langley Gardens 53.8%
Sandhurst Road 51.9%

What Zoopla users think of Margate

Overall rating:

  • currently 3 stars
Good - 58% (201 ratings)

Ratings breakdown:

  • currently 3 stars
Community & safety
  • currently 2.5 stars
Entertainment & nightlife
  • currently 3 stars
Parks & recreation
  • currently 3 stars
Restaurants & shopping
  • currently 3 stars
Schools & public services
  • currently 3 stars
Transport & travel

Rate Margate:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Margate (0.1 miles)
  • Westgate-on-Sea (1.4 miles)
  • Birchington-on-sea (3.0 miles)
  • Manston Airport (3.2 miles)
  • London Southend Airport (31.8 miles)
  • Lydd Airport (35.1 miles)
  • Ramsgate Ferry Terminal (4.5 miles)
  • Dover Eastern Docks Ferry Terminal (18.0 miles)
  • Dover Western Docks Ferry Terminal (18.7 miles)

Nearby schools

View all schools in Thanet
  • Margate, Holy Trinity and St John's Church of England Primary School (0.6 miles)
  • Garlinge Primary School and Nursery (0.7 miles)
  • Salmestone Primary School (0.7 miles)
  • The King's School Canterbury (14.3 miles)
  • CATS Canterbury (14.4 miles)
  • Southend YMCA Community School (30.7 miles)
  • Hartsdown Academy (0.4 miles)
  • St Anthony's School (1.7 miles)
  • Ursuline College (1.9 miles)
Note: Distances are straight line measurements

Local info for Thanet

About the neighbours in CT9

AskMe Q&A for Thanet

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Arrange Viewing

For more information about this property, please contact
Ward & Partners, CT9 on +44 1843 606050 * (local rate)

Monthly running costs Beta

£661 Monthly total

Mortgage

Purchase price
Deposit (10%) 13,000
Repayment term 25
Interest rate 1.5
Your payment £467 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Contents value up to £80,000 Average insurance cost £4/mo (£49/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £21 Electricity £31 Estimated energy cost £52/mo

Similar properties could save up to £161

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 6100 kWh/year
Electricity: 2100 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Thanet

Estimated tax band A Council tax cost £111 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £9 Sewerage £18 Estimated water cost £27 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Ward & Partners, and do not constitute property particulars. Please contact Ward & Partners for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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