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Athelstan Road, Margate, Kent, CT9

Description

An outstanding opportunity to acquire a substantial freehold residential block comprising 18 self-contained apartments, situated in one of Margate’s most desirable and well-connected residential locations.

Positioned on the sought-after Athelstan Road, this impressive period building offers an exceptional investment opportunity, benefitting from strong rental demand, an enviable coastal setting and excellent transport links. Whether you’re an experienced investor looking to expand your portfolio or seeking a long-term asset with significant income potential, this is a rare opportunity not to be missed.

The development consists of 18 individual apartments, each offering well-proportioned accommodation with an abundance of natural light, while retaining much of the character expected from a handsome period building.

The location is one of the property’s strongest attributes. Athelstan Road is perfectly positioned just moments from Margate’s award-winning coastline, with Margate Main Sands, the iconic Dreamland amusement park and the vibrant Old Town all within easy reach. Residents can enjoy an excellent selection of independent cafés, restaurants, bars, galleries and boutique shops that have transformed Margate into one of Kent’s most desirable seaside destinations.

The development also benefits from excellent access to a range of highly regarded primary and secondary schools, making the apartments attractive to a broad range of tenants, including professionals, couples and young families. Margate railway station is approximately one mile away and provides regular High-Speed services to London St Pancras in around 90 minutes, alongside direct routes to London Victoria, offering an excellent solution for commuters.

As demand for quality rental accommodation across Thanet continues to remain strong, opportunities to acquire a complete residential block of this size are increasingly rare. This is a highly attractive investment offering immediate income potential with scope for future asset growth.

Key Features
• Freehold residential investment opportunity
• Block comprising 18 self-contained apartments
• Attractive period building
• Prime Margate location
• Strong local rental demand
• Walking distance to Margate seafront, Old Town and Dreamland
• Excellent access to local amenities
• Close to well-regarded schools
• Margate railway station nearby with High-Speed services to London St Pancras
• Ideal addition to an established investment portfolio
• Rare opportunity to acquire an entire residential block within a thriving coastal town


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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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Athelstan Road, Margate, Kent, CT9

Approximate location

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Affordability

Monthly repayments£9,027
Property: £ 1,800,000
Deposit: £ 180,000
Interest rate: 5.33%
Term: 30 years
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About Mann, Ramsgate

17 High Street, Ramsgate, CT11 9AG
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Mann estate agents has been assisting people with their property sales across Greater London, Hampshire, Kent, and Surrey for years. With local expertise and a robust branch network, every one of our branches are well-equipped to provide guidance at every phase of your property journey. If you're looking for help on your property search, contact us today.

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Disclaimer - Property reference RMG260308. 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 Mann, Ramsgate. 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.

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