OPEN HOUSE 8TH AUGUST
Situated in the well-established Edith Court development on the ever-popular Victoria Road, this spacious two-bedroom apartment presents an excellent opportunity for first-time buyers, investors or those looking to add value through a lease extension.
The property offers well-balanced accommodation, comprising two generously sized bedrooms, a bright and welcoming reception room, a fitted kitchen and a family bathroom. With plenty of natural light throughout, the apartment provides an ideal blank canvas for a purchaser looking to make it their own.
One of the key features of this property is the 64-year lease, with the opportunity for the new owner to extend, subject to the necessary legal process and associated costs. This presents an attractive prospect for buyers seeking long-term value and the ability to enhance the property’s future marketability.
Ideally positioned, Edith Court is within easy reach of Margate’s thriving town centre, offering an excellent selection of supermarkets, independent cafés, restaurants and everyday amenities. The award-winning Margate Main Sands, the historic Old Town and the iconic Dreamland amusement park are all just a short distance away, allowing residents to enjoy everything this vibrant coastal town has to offer.
The property is also conveniently located close to a number of well-regarded primary and secondary schools, making it suitable for a range of buyers. For commuters, Margate railway station provides regular High-Speed services to London St Pancras in approximately 90 minutes, alongside direct services to London Victoria, making travel to the capital straightforward.
Offering spacious accommodation, an excellent location and exciting potential to extend the lease, this apartment represents a fantastic opportunity for both owner-occupiers and investors alike.
Key Features
• Spacious two-bedroom apartment
• Bright and airy reception room
• Fitted kitchen
• Family bathroom
• Well-established residential development
• 64-year lease with the opportunity to extend
• Excellent investment or first-time purchase
• Walking distance to local amenities
• Close to Margate Main Sands, Old Town and Dreamland
• Well-regarded schools nearby
• Easy access to Margate railway station with High-Speed links to London
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, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent
information on the Buyer Information Pack fee, please contact the iamsold team.
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 £6,600 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 £960 inc. VAT. These services are optional.
