1/17

£225,000

Asking price

2 bed flat for sale Second Avenue, Margate

2 beds 2 baths Flat

Leasehold

Added today

About this property

Newly renovated, spacious 2 bedroom appartement in Cliftonville, Margate, offers a fantastic opportunity for investment as an airbnb property, potential for a first time buyer or those looking for a little extra space. This well-proportioned two-bedroom flat, is one of the largest in the area reaching 971 sq ft, situated on the third floor of a converted period property. The flat boasts all new, modern interiors, fixtures and fittings, with large windows that flood the rooms with natural light.

Key features

Leaseholders agreement to discuss Airbnb use
Two Double Bedrooms
Spacious third-floor apartment
Ensuite & family bathroom
Generous living room
Separate kitchen with dining space
Excellent investment potential
Close to Margate’s vibrant seafront
Move in ready

Floorplan

Price guide

This home

£232 / sq ft

Area average (sold)

£308 / sq ft

Price per area, sold homes nearby

£197 / sq ft

£232 / sq ft

£412 / sq ft

Lowest

This home

Highest

£232 per sq ft, below the middle of recent sales in CT9 (£197–£412, 10th–90th percentile, 1,083 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 1,083 homes sold in CT9 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in CT9 →

Location

Second Avenue, Margate, CT9 2LL

Open map Street View

Council tax: Band D (Approx £2,491/year)

Mortgage and stamp duty

Property price £225,000

£112k £338k

Deposit10% £23,000

£0 £225k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £202,000 mortgage. Most lenders would want a household income of about £45,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Historic sold prices nearby

HM Land Registry sales in CT9 2LL. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
Flat 11, 2, Second Avenue Flat / maisonette	Flat / maisonette	Feb 2025	538 sq ft £307/sq ft	538 sq ft	£307	£165,000
Flat 12, 2, Second Avenue Flat / maisonette	Flat / maisonette	Dec 2024	980 sq ft £250/sq ft	980 sq ft	£250	£245,000
Flat 6, 2, Second Avenue Flat / maisonette	Flat / maisonette	Nov 2024	861 sq ft £409/sq ft	861 sq ft	£409	£352,000
Flat 4, 2, Second Avenue Flat / maisonette	Flat / maisonette	Sept 2021	1,044 sq ft £220/sq ft	1,044 sq ft	£220	£230,000
Flat 1, Wolverdene, Second Avenue Flat / maisonette	Flat / maisonette	Oct 2020	947 sq ft £259/sq ft	947 sq ft	£259	£245,000
Flat 7, 2, Second Avenue Flat / maisonette	Flat / maisonette	Jul 2019	560 sq ft £313/sq ft	560 sq ft	£313	£175,000
Flat 9, 2, Second Avenue Flat / maisonette	Flat / maisonette	Feb 2019	549 sq ft £219/sq ft	549 sq ft	£219	£120,000
Flat 10, 2, Second Avenue Flat / maisonette	Flat / maisonette	Jan 2019	840 sq ft £191/sq ft	840 sq ft	£191	£160,000