Flat 2, Athol Lodge 1
Flat 2, Athol Lodge 1
Description & Estimates
According to the public record, Flat 2, Athol Lodge 1, Margate is a period apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, Athol Lodge 1, Margate is £167,589 and the estimated rental value is £911 per month.
The apartment is within Athol Lodge, Fort Promenade, Margate, CT9.
Fort Promenade, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
Our Data Sources
Flat 2, Athol Lodge 1, Margate has no records in the the Land Registry and a single entry in the EPC database dated October 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 2, Athol Lodge 1, Margate is in very good condition we estimate a sale value of £175,968 and a rental value of £957 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £155,858 and a rental value of £847 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 2, Athol Lodge 1, Margate has dropped by £6,748 (4.0%), while its estimated rental value has risen by £14 per month (1.5%). Based on current estimates, the property offers a gross rental yield of 6.5%.
Energy Efficiency
Flat 2, Athol Lodge 1, Margate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Oct 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Athol Lodge 1, Margate within a radius of 420 metres over the last 2 years.
The most recent example is Flat 5, 32, Athelstan Road, Margate, CT9 2BB, a leasehold flat which sold for £240,000 on the 15th November 2024.
Read more about house prices in CT9.
- Sold Nov 2024£240,000 | 2 Bed FlatFlat 5, 32, Athelstan Road, Margate, CT9 2BBFlat 5, 32, Athelstan Road, Margate, CT9 2BB
- Sold Nov 2024£210,000 | 2 Bed FlatFlat 2, 32, Athelstan Road, Margate, CT9 2BBFlat 2, 32, Athelstan Road, Margate, CT9 2BB
- Sold Nov 2024£200,000 | 2 Bed FlatFlat 4, 32, Athelstan Road, Margate, CT9 2BBFlat 4, 32, Athelstan Road, Margate, CT9 2BB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Fort Promenade, Margate, CT9 has a total of 3 addresses. According to our analysis of all the public data, Flat 2, Athol Lodge 1, Margate is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £99k less expensive than the average property in CT9.
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Schools Nearby
- 800mMargate, Holy Trinity and St John's Church of England Primary School
- 1.5kmCliftonville Primary School
- 1.5kmDrapers Mills Primary Academy
- 1.9kmHartsdown Academy
- 4.1kmDane Court Grammar School
- 4.2kmThe Charles Dickens School
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Public Transport Nearby
The closest station to Flat 2, Athol Lodge 1, Margate is Margate station, which is 1.4 kilometres away.
- 1.4kmMargate
- 3.7kmWestgate-on-Sea
- 4.7kmBroadstairs
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
