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2 bed flat for sale Princess Margaret Avenue, Margate, CT9

Asking Price
£220,000
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Added yesterday

Type
Flat
Bedrooms
2
Bathrooms
1
Tenure
Ask agent
Council tax Band B £1,937 a year

Key features

  • Spacious ground floor apartment
  • Highly sought-after Palm Bay location
  • Short distance to seafront and Northdown Park
  • Two good-sized bedrooms
  • Generous living room
  • Fitted kitchen/breakfast room
  • Garage en bloc
  • No forward chain

About this property

Spacious Ground Floor Apartment in Sought-After Palm Bay with Share of Freehold Situated within an established and well-maintained block in the highly desirable Palm Bay area, this generously proportioned ground floor apartment offers comfortable coastal living just moments from the seafront and Northdown Park. The property features two well-sized bedrooms, a spacious living room ideal for both relaxing and entertaining, and a fitted kitchen/breakfast room providing ample space for everyday dining. Further benefits include a garage within the block, share of freehold ownership, and the added advantage of being offered with no onward chain.

Floorplan

Council tax

Band B £1,937 a year
Per year
  • Band A
    £1,661
  • Band B
    This home: £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 B, which costs £1,937 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.

Location

Princess Margaret Avenue, Margate, CT9

Mortgage and stamp duty

Property price £220,000
£110k £330k
Deposit10% £22,000
£0 £220k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £198,000 mortgage. Most lenders would want a household income of about £44,000 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 15, Lyngate Court, Princess Margaret Avenue Flat / maisonetteJun 2025678 sq ft £295/sq ft£200,000
Flat 4, Lyngate Court, Princess Margaret Avenue Flat / maisonetteFeb 2025700 sq ft £300/sq ft£210,000
Flat 8, Lyngate Court, Princess Margaret Avenue Flat / maisonetteJan 2025818 sq ft £287/sq ft£235,000
Flat 18, Lyngate Court, Princess Margaret Avenue Flat / maisonetteOct 2023689 sq ft £308/sq ft£212,500
Flat 2, Lyngate Court, Princess Margaret Avenue Flat / maisonetteSept 2021678 sq ft £317/sq ft£215,000
Flat 11, Lyngate Court, Princess Margaret Avenue Flat / maisonetteJun 2021700 sq ft £268/sq ft£187,500
Flat 5, Lyngate Court, Princess Margaret Avenue Flat / maisonetteMar 2021775 sq ft £252/sq ft£195,000
Flat 12, Lyngate Court, Princess Margaret Avenue Flat / maisonetteJan 2021700 sq ft £266/sq ft£186,000

All sales on Princess Margaret Avenue → All sold prices in Margate →

Area insights

The neighbourhood around this property.

Marketed by
Miles & Barr, Margate Estate Agents
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