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2 bed property, in Princes Crescent, £119,500
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2 bed flat

Princes Crescent, Margate, Kent CT9
£119,500
-9.8%
LeaseholdRetirement

Price History

Initial price £132,500
Jan 14, 2026 £119,500
Jan 25, 2026 £119,000
Mar 8, 2026 £119,500
Price Change -9.8%

This property is a first-floor two-bedroom maisonette with a private rear garden, located in a great area close to Margate's old town, restaurants, and sandy beaches. The property features a hallway, lounge, kitchen, bathroom, and two bedrooms, with room sizes including hallway, lounge (12'7 x 11'5), kitchen (8'11 x 6'7), bathroom (8'11 x 4'9), bedroom 2 (8'11 x 7'2), and bedroom 1 (8'11 x 7'5). The front and rear gardens are also included. The property is leasehold, with a remaining lease of 143 years, annual ground rent of £1, and annual service charge of £1, and is classified as suitable for a retirement home. The market value is £180,000, with a guide price for a Lifetime Lease through the Home for Life Plan being £119,500, representing a potential saving of £60,500 (33%).