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Lausanne Terrace, Margate

PROPERTY TYPE

Flat

BEDROOMS

1

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Open plan living
  • Distant sea view
  • Council tax band: a
  • No forward chain
  • Charming period building
  • Great condition throughout
  • Central location
  • 995 year lease!
  • Epc rating: d
  • Share of freehold

Description

Situated on the top floor of a well-maintained building with attractive, well-presented communal entrance halls, this beautifully presented one-bedroom apartment offers modern, low-maintenance living in one of Margate's most popular and vibrant locations.



Margate has become increasingly sought-after in recent years, well known for its sandy beach, thriving Old Town, independent shops, galleries, and excellent selection of popular restaurants, cafés and bars. The area offers a fantastic lifestyle, with the seafront, Turner Contemporary, and the town's growing food and drink scene all within easy reach.



The property features high ceilings throughout with bright and airy accommodation, which comprises a spacious open-plan living area with a contemporary fitted kitchen, creating an ideal space for both relaxing and entertaining. There is a generous double bedroom and a stylish modern shower room, all finished to a high standard.



Residents also benefit from access to a secure bike storage to rear.



Further advantages include a share of the freehold, a long lease, and the property is offered to the market with no onward chain and vacant possession, making it an ideal first-time purchase for those looking to get a foot on the property ladder, as well as an excellent buy-to-let investment opportunity or air b n b! Call us today on to arrange your priority viewing!

Entrance

Communal entrance, stairs leading to top floor, flat entrance.

Hallway

Electric radiator. Power points. Phone entry. Loft hatch. Cupboard housing immersion tank and fuse box. Doors to:

Lounge/Kitchen/Diner

17'6 x 16'7 into bay (5.33m x 5.05m into bay)

Double glazed bay window to front. Electric radiator. Power points.

Kitchen area with matching wall and base units with complementary worksurface. Inset stainless steel sink unit with mixer tap and drainer. Splashback tiles. Breakfast bar. Integrated oven and hob with extractor fan. Integrated fridge. Power points.

Bedroom

10'3 x 8'3 (3.12m x 2.51m)

Double glazed window to rear. Electric radiator. Power points.

Shower Room

6'4 x 4'4 (1.93m x 1.32m)

Shower cubicle with electric rainfall shower over. Wash hand basin. Low level WC. Extractor fan.

Access to Bike Store To Rear

Leasehold Information

The vendor advises the property has a share of freehold. They also advise the following:
Lease: It was a 999 year lease issued on 16th December 2022
Ground rent - zero
Service charge: The charges for 26/27 haven't yet been worked out as costs are generally paid as they arise during the year, however In 24/25 we paid £479 for Flat 4 and in 25/26 it came to £190 for the year for our flat.

Brochures

Full Property Details
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Lausanne Terrace, Margate

Approximate location

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Affordability

Monthly repayments£878
Property: £ 175,000
Deposit: £ 17,500
Interest rate: 5.33%
Term: 30 years
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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.
Renovation potential
Recently sold & under offer
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About Cooke & Co, Cliftonville

147 Northdown Road, Cliftonville, Margate, CT9 2QY
Industry affiliations:

About Cooke & Co and our history

If you are looking for a long standing, highly experienced and trusted estate agency in Thanet, Kent , then visit Cooke and Co.

Managing owner Damien Cooke started the business in 1992 in Cliftonville and has subsequently expanded the organisation with offices now in Broadstairs, Ramsgate, a display office in Birchington and an associate office in Park Lane London . Damien knows the importance and value of a professional team and have selected some of the best property professionals. Their honesty, experience, local knowledge, customer service and accountability blend seamlessly with the ethos that the company was founded on. Many of the team have been with the company for over 10 years or more giving continuity for our clients and often building relationships and friendships that will last a lifetime. You can be confident they will give you a friendly and efficient service, be very knowledgeable about the area and property processes in a friendly no pressure manner when selling or renting property.

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Disclaimer - Property reference COOKEANDCO_7307. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Cooke & Co, Cliftonville. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.