£150,000
2 bed flat for saleBayer Street, Margate, Kent CT9
2 beds
2 baths
1 reception
EPC Rating: B
- Shared ownership
- Chain free
- Leasehold
Miles & Barr incorporating Oakwood Homes - Cliftonville
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About this property
Two double bedrooms
En-suite to main bedroom
Open-plan kitchen and living
Private balcony
Allocated parking space
75% shared ownership
£218 monthly rent
Chain free sale
First floor apartment
Modern Two-Bedroom First Floor Apartment – Chain Free | 75% Shared Ownership with Orbit Homes
Offered chain free, this well-presented two-bedroom purpose-built first floor apartment is an excellent opportunity for first-time buyers or anyone seeking affordable, modern living.
The property features two generously sized double bedrooms, including a principal bedroom with its own en-suite shower room. A modern family bathroom and a bright open-plan kitchen, dining, and living area provide a comfortable and functional living space, with direct access to a private balcony.
Additional benefits include a private parking space and secure entry system. The apartment is offered on a 75% shared ownership basis with Orbit Homes, with the remaining 25% share rented at just £218 per month.
The asking price is £150,000, representing a 75% share, with the full market value of the property at £200,000.
Identification checks
Should a purchaser(s) have an offer accepted on a property marketed by Miles & Barr, they will need to undertake an identification check. This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service to verify your identity. The cost of these checks is £60 inc. VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.
Location
Margate is a fantastic seaside town and contains the areas of Cliftonville, Garlinge, Palm Bay and Westbrook. The energy surrounding Margate is excellent, it holds the likes of a world class Art Gallery, the UK's original pleasure park 'Dreamland', fast Rail links into London and of course not forgetting the stunning sandy beaches and sparkling bays. You are within a 10 minute drive to the neighbouring towns which are Broadstairs, Ramsgate and Birchington. There are also good road links to London via the A299 Thanet Way and M2 Motorway.
Entrance
Entrance Hall
Bathroom (5' 6" x 8' 2")
Lounge/Kitchen/Diner (13' 7" x 21' 2")
Balcony (11' 0" x 5' 0")
Bedroom (9' 5" x 10' 7")
Bedroom (11' 6" x 10' 11")
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More information
Tenure
Leasehold (122 years)
Service charge
£1,100 per year
Council tax band
B
Ground rent
Ground rent date of next review