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Lower Northdown Avenue, Margate - Image 1
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Lower Northdown Avenue, Margate

South East

£165,000
Listed on 25/12/2025

Property Details

Bedrooms
2
Type
Flat

Description

This spacious ground-floor apartment features two well-proportioned bedrooms and a bright living space that opens directly onto shared gardens, providing a tranquil outdoor area for relaxation. The property also includes a separate kitchen and a modern shower room, although it requires updates to reach its full potential. This presents an exceptional opportunity for buyers willing to invest in renovations and personalize their living space. Located in the quiet vicinity of Margate, the apartment is conveniently close to the seafront, local amenities, and transport links, making it appealing for first-time buyers or downsizers looking for a property with significant potential. It is sold with no onward chain, making it easier for prospective owners to move forward swiftly.

Investment Analysis

(CT9 area)
Area Average
£308/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (CT9)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -0.5%
5 year growth: 19.2%
Investment Disclaimer: Analysis based on CT9 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Lower Northdown Avenue, Margate
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£604
Based on a loan of £123,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE