£120,000

1 bed flat for sale
The Passage, Margate, Kent CT9

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: C

Just added
Chain free
Leasehold
Added on 25/08/2026

About this property

  • No chain

  • Ideal investment

  • 7% plus yield

  • Parking

  • Gated purpose built development

  • Close to the sea & lido

  • Long term tenant

  • Could be sold vacant

  • Lease over 100 years


Ideal investment - long term tenant
- 7% plus yield!

If you are looking for an investment with a good long term tenant then this property is ideal! The current tenant has been in this purpose built property for 9 years and is happy to stay but it could be sold vacant. This first floor flat benefits from a spacious double bedroom, modern bathroom and an open plan kitchen/living area with double glazing and electric heating. It is located in a gated development just minutes from the sea and Lido and comes with residents parking. Ideal as an investment, home or holiday home.

Important Note to Potential Purchasers & Tenants:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

QCL260171/8

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Monthly repayment

£600 per month

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More information

  • Tenure

    Leasehold (104 years)

  • Service charge

    £1,405 per year

  • Council tax band

    B

  • Ground rent

    £100

  • Ground rent date of next review

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