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1 bed flat for sale Ramsgate Road, Margate, CT9

Asking price

£95,000

Added on 06/10/2026

Type: Flat
Bedrooms: 1
Bathrooms: 1
Tenure: Leasehold

Service charge £600 a yearNo ground rent (peppercorn) Council tax Band A £1,661 a year

* From the agent's description. Check it with them before you rely on it.

Highlights

From the agent's description

Chain free
Private garden
Needs modernisation

About this property

Offered to the market CHAIN FREE, this exciting investment opportunity boasts an impressive current gross rental yield of 10.2% and presents fantastic potential for investors looking to maximise their returns.

Requiring only some basic cosmetic modernisation, this generously proportioned one bedroom lower ground floor apartment offers surprisingly spacious accommodation, complemented by its own charming courtyard garden, a peaceful, tucked away spot rarely found at this price point.

Council tax

Band A £1,661 a year

Per year

Band A

This home: £1,661
Band B

£1,937
Band C

£2,214
Band D

£2,491
Band E

£3,044
Band F

£3,598
Band G

£4,152
Band H

£4,982

This home is in band A, which costs £1,661 a year in Thanet for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Thanet, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Price guide

64 comparables · within 3 miles

Cheaper than 95% of the 1-bed flats for sale nearby right now.

This home, £95,000 Median £150,000 · £110,000 – £195,000

Compared with 64 1-bed flats for sale within 3 miles, on the market now or already under offer. The range is the middle 80% of their asking prices.

Location

Ramsgate Road, Margate, CT9

Open map Street View

Mortgage and stamp duty

Property price £95,000

£48k £143k

Deposit11% £10,000

£0 £95k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £85,000 mortgage. Most lenders would want a household income of about £19,000 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.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
Flat 2, 26, Vicarage Crescent Flat / maisonette	Flat / maisonette	Jan 2022	431 sq ft £297/sq ft	431 sq ft	£297	£128,000
6, Vicarage Crescent Semi-detached	Semi-detached	Jan 2021	344 sq ft £816/sq ft	344 sq ft	£816	£281,000
24, Vicarage Crescent Terraced	Terraced	Oct 2019	2,045 sq ft £156/sq ft	2,045 sq ft	£156	£320,000
Lower Maisonette, 22, Vicarage Crescent Flat / maisonette	Flat / maisonette	Dec 2018	646 sq ft £225/sq ft	646 sq ft	£225	£145,000
Flat 2, 26, Vicarage Crescent Flat / maisonette	Flat / maisonette	Jan 2018	431 sq ft £244/sq ft	431 sq ft	£244	£104,995
Flat 2, 26, Vicarage Crescent Flat / maisonette	Flat / maisonette	Mar 2017	431 sq ft £211/sq ft	431 sq ft	£211	£91,000
18, Vicarage Crescent Terraced	Terraced	Mar 2016	1,087 sq ft £126/sq ft	1,087 sq ft	£126	£137,500
Flat 2, 26, Vicarage Crescent Flat / maisonette	Flat / maisonette	Jul 2014	431 sq ft £157/sq ft	431 sq ft	£157	£67,500