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Shared ownership
1/17

2 bed flat for sale Pictor Drive, Margate, CT9

Asking price
£215,000
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Added on 27/09/2026

50% share · about £430,000 full value
Type
Flat
Bedrooms
2
Size
£320 per sq ft
Tenure
Leasehold

Key features

  • Share being sold: Contact branch
  • Rent payable: Contact branch

About this property

SHARED OWNERSHIP TWO BEDROOM FLAT

Available to purchase at a 50% share of £107,500 with a minimum 5% mortgage deposit of £5375. Call today to arrange your appointment to view.

The property boasts a bright and spacious open-plan kitchen/living area, designed with contemporary living in mind. The modern fitted kitchen seamlessly flows into the living space, creating an ideal setting for both everyday living and entertaining guests, with ample natural light enhancing the overall feel of the home.

Floorplan

Council tax

Ask agent
Per year
  • Band A
    £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

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Thanet, 2026/27 bills run from £1,661 a year in band A to £4,982 in band H.

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.

Location

Pictor Drive, Margate, CT9

Mortgage and stamp duty

Property price £215,000
£107k £323k
Deposit10% £22,000
£0 £215k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £193,000 mortgage. Most lenders would want a household income of about £43,000 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.

AddressSoldSizePrice
Flat 5, 4, Pictor Drive Flat / maisonetteJul 2026743 sq ft £269/sq ft£200,000
Flat 1, 5, Pictor Drive Flat / maisonetteNov 2025646 sq ft £247/sq ft£159,500
Flat 4, 5, Pictor Drive Flat / maisonetteApr 2025743 sq ft £141/sq ft£105,000
Flat 3, 2, Pictor Drive Flat / maisonette · new buildOct 2022667 sq ft £312/sq ft£207,995
Flat 2, 2, Pictor Drive Flat / maisonette · new buildSept 2022678 sq ft £304/sq ft£205,995
Flat 4, 2, Pictor Drive Flat / maisonette · new buildSept 2022678 sq ft £310/sq ft£209,995
Flat 1, 2, Pictor Drive Flat / maisonette · new buildSept 2022592 sq ft £299/sq ft£176,995
Flat 6, 2, Pictor Drive Flat / maisonetteSept 2022678 sq ft £320/sq ft£216,995

All sales on Pictor Drive → All sold prices in Margate →

Area insights

The neighbourhood around this property.

Marketed by
Mann, Ramsgate
17 High Street, Ramsgate, Kent
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