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About this property

CASH BUYERS ONLY

Positioned in the highly desirable Marwell House on Marine Drive, this two-bedroom apartment offers a fantastic opportunity to secure a prime sea-view home with panaramic views over Margate’s iconic coastline.

The moment you enter the lounge, you’re welcomed by stunning, far-reaching sea views, giving the apartment a bright, uplifting feel that’s perfect for anyone wanting coastal living at its best. The layout includes two well-proportioned bedrooms, a spacious living area and plenty of scope to modernise and add your own personal touch—ideal for turning this into the perfect seaside getaway, stylish home or standout rental property.

Marwell House sits in a superb location directly along the seafront, just a short stroll from Margate’s sandy beaches, the vibrant Old Town, Turner Contemporary, cafés, restaurants and the ever-growing cultural scene that makes the town so sought after. With Margate Station also nearby, offering direct high-speed services to London St Pancras, this is an excellent spot for commuters, London escapees or investors.

The apartment comes with a low lease of 48 years and 11 months, which is fully reflected in the pricing. While some may see this as a hurdle, in reality it presents a rare and exciting opportunity:

. Ideal for cash buyers

. A fantastic investment project

. The chance to extend the lease and significantly uplift the property’s value

. A way to secure a sea-view apartment in a premium block at a far more affordable price

Sea-view apartments in locations like this rarely come to market, and with the potential to add value, this property offers both immediate appeal and long-term reward.

Key Features:

• Two bedroom apartment in sought-after Marwell House

• Stunning, uninterrupted sea views

• Directly on Marine Drive — moments from Margate’s beaches

• Bright and spacious layout with huge potential

• Close to Margate Old Town, cafés, restaurants and cultural attractions

• Near Margate Station with fast links to London

• Lease: 48 years 11 months remaining (priced to reflect; fantastic investment potential)

• Perfect for investors, cash buyers or anyone wanting a coastal project

Key information

Council Tax Band: A

Tenure: Leasehold

Leasehold Information:

  • Number of years left on lease: 48 years
  • Annual service charge: £1,200
  • Annual ground rent: Contact branch
  • Annual ground rent review period: Contact branch
  • Ground rent increase: Contact branch
  • Utility supply:

    • Electric: Ask agent
    • Water: Ask agent
    • Heating: Ask agent
    • Broadband: Ask agent
    • Sewerage: Ask agent

    Rights and restrictions:

    • Private rights of way: Ask agent
    • Public rights of way: Ask agent
    • Listed property: Ask agent
    • Restrictions: Ask agent

    Risks:

    • Flooded in last 5 years: Ask agent
    • Flood defences: Ask agent
    • Source of flood: Ask agent

Energy Performance Certificate

EPC
  • Property responsive
    Marine Drive, Margate, Kent, CT9 2 flat
    £
    £
    £
    Years
    %
    * Estimated monthly repayment: £...

    *Please be aware, these results are for illustrative purposes only and should not be considered as a mortgage quote. These are based on a repayment mortgage and may vary depending on the term and interest rate of your mortgage. Lender fees may also be applicable. If you would like guidance on the right mortgage for you, we recommend speaking to a Countrywide Mortgage Services Consultant who will be more than happy to help.

    The 4.7% annual interest rate is based on the Connells Group average mortgage interest rate taken from the period of 01/01/2024 – 31/12/2024 and is correct as at 13/02/2025.

Agent details

Ramsgate

    17 High Street
    Ramsgate
    Kent
    CT11 9AG
Phone Icon Icon set Phone 01843880166

Extras

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Countrywide Mortgage Services and Countrywide Insurance Services are trading names of Countrywide Principal Services Ltd which is authorised and regulated by the Financial Conduct Authority (Firm Registration Number 301684). Registered Office: Countrywide House, 6 Caldecotte Lake Business Park, Caldecotte Lake Drive, Milton Keynes, MK7 8JT. Registered in England no. 01707341.