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£150,000

2 bed flat for sale
Bayer Street, Margate, Kent CT9

    • 2 beds

    • 2 baths

    • 1 reception

  • EPC Rating: B

  • Shared ownership
  • Chain free
  • Leasehold

Miles & Barr incorporating Oakwood Homes - Cliftonville

Logo of Miles & Barr incorporating Oakwood Homes - Cliftonville

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

See all recent sales in CT9

Property descriptions and related information displayed on this page are marketing materials provided by - Miles & Barr incorporating Oakwood Homes - Cliftonville. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Miles & Barr incorporating Oakwood Homes - Cliftonville for full details and further information.