Studio for sale

Dane Hill, Margate CT9

Summary

Looking for a charming and quirky home near the heart of Cliftonville and Margate's vibrant Old Town? Or perhaps a smart buy-to-let investment offering a strong 7.6% net return? Look no further.

This unique first-floor studio apartment is currently tenanted at 600 per month, making it an attractive option for investors or first-time buyers alike.

Inside, you'll find a modern kitchen and bathroom, both neutrally decorated to suit a range of tastes. One of the standout features is the underfloor heating, in the lounge giving you warm, cosy floors all year roundwithout the need to work around bulky radiators, meaning you can style the space exactly as you like.

Unusually for a studio, this property benefits from a separate kitchen and bathroom, creating a greater sense of space and privacy than most traditional studio layouts. The kitchen offers ample cupboard and worktop space, while the bathroom includes a full-sized bath with an overhead shower and contemporary finishes.

Location-wise, it doesn't get much better. Set at the top of Dane Hill, you're perfectly placed to enjoy the best of Margate. Aldi is right across the road for everyday convenience, the seafront is just minutes away, and the iconic Turner Contemporary gallery and Margate Old Town are within easy reach. Cliftonville's creative scene continues to flourish, drawing people from across the country, and with handy bus stops nearby, exploring the rest of Thanet couldn't be easier.

Whether you're after a coastal bolthole, a quirky first step on the ladder, or a ready-made investment with great returns, this little gem ticks all the right boxes.

*Please note due to being next door to a commercial premises some mortgage lenders may restrict the amount they loan, therefore you are advised to make your own enquiries prior to viewing.

Enquire today to check out this fantastic little investment.

Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 100
Annual Ground Rent Amount: 100.00
Annual Service Charge Amount: 300.00