Sold STC Flat

FLAT 3

50 HAWLEY SQUARE, MARGATE, KENT CT9 1NY

1 beds 1 baths 570 sq ft Listed 17 Mar 2023 (-1188d)

£240,000

Reduced on 3 Oct 2023

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Property details

Tenure

LEASEHOLD

Floor area

53 m²

Last sold

£229,000 Mar 2025

Price per m²

£4,528/m²

Local average

£171,753 (+39.7%)

Deprivation

Decile 1 (49 of 33,755)

Street crime

401 incidents within 1 mile (Apr 2026)

Key features

  • Nine luxury apartments
  • One & two bedrooms
  • Council tax band: b
  • Energy efficient
  • High specification throughout
  • Balconies & courtyards
  • Life service & no chain
  • Sought after location
  • Available to reserve today
  • Epc rating: b

Additional details

Parking
Yes

Description

Cooke & Co are proud to offer this purpose-built block of bespoke apartments, offering just 9 exquisite 1, 2 & 3 bedroom homes. The design has been sympathetically, cleverly and lovingly constructed within an existing Georgian Building. Stunning is just one word to describe this block, with its fully restored original facade. The building has been brought back to its original glory with no expense spared and attention to details throughout. This wonderful building overlooks the tree lined and lawned Hawley Square, Margate

This beautifully designed one-bedroom apartment has been thoughtfully and carefully designed with quality and attention to detail in mind. The calibre of specification is just one factor that sets these homes apart from the average. The accommodation comprises of a communal entrance then once in the apartment itself you will find a beautiful open plan lounge/kitchen/diner, a double bedroom, as well as a bespoke bathroom.

Hawley Square is located on the outer edge of Margate Old town and is the first Georgian square in Margate to include an enclosed pleasure ground. It owes its name and origins to Sir Henry Hawley (1745-1826) who was created the 1st baronet of Leybourne Grange, near Maidstone, in 1795 (The Peerage) and who owned the field on which the square was built.
With leafy avenues and sheltered green squares, a bustling High Street with a mix of shops and services, relaxed cafes, pubs and restaurants and of course not forgetting its proximity to the main Margate Sands with miles of blue flag winning beaches a short walk away. The Turner Contemporary Art Gallery has placed Margate on the Map culturally and with many new galleries including the newly opened Carl Friedman Gallery a short walk away. It's also an effortless commute into London via St Pancras using the High Speed Railway,- it combines all the pleasures of living by the Kent coast with easy access to the city.

Listed by

Cliftonville

Cooke & Co

Reference: 132698681

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

EPC 1

EPC 1

Price history

Event Date Price % change
Sold 10/03/2025 (1 year ago) £229,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
6 FLAT 1 HAWLEY SQUARE, MARGATE, THANET, KENT, CT9 1PF £90,000 21/03/2025 Flat
18 HERBERT PLACE, MARGATE, THANET, KENT, CT9 1AU £145,000 04/03/2024 Flat
FLAT 19 THE CENTRE, MARGATE, THANET, KENT, CT9 1JG £150,000 04/12/2023 Flat
CHAPEL APARTMENTS, 10 12 HAWLEY SQUARE, MARGATE, THANET, KENT, CT9 1PF £195,000 16/06/2023 Flat
50 FLAT 2 HAWLEY SQUARE, MARGATE, THANET, KENT, CT9 1NY £275,000 28/04/2023 Flat
50 FLAT 1 HAWLEY SQUARE, MARGATE, THANET, KENT, CT9 1NY £255,000 28/04/2023 Flat
CHAPEL APARTMENTS, 10 5 HAWLEY SQUARE, MARGATE, THANET, KENT, CT9 1PF £160,000 16/12/2022 Flat
FLAT 16 THE CENTRE, MARGATE, THANET, KENT, CT9 1JG £170,000 06/12/2022 Flat
CHAPEL APARTMENTS, 10 15 HAWLEY SQUARE, MARGATE, THANET, KENT, CT9 1PF £135,000 16/02/2022 Flat
43 FLAT 4 HAWLEY SQUARE, MARGATE, THANET, KENT, CT9 1NY £215,250 05/01/2022 Flat
CHAPEL APARTMENTS, 10 12 HAWLEY SQUARE, MARGATE, THANET, KENT, CT9 1PF £115,000 03/12/2021 Flat

Area average: £173,205 (11 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 1.9%
10y growth 34%

House Price Index (HM Land Registry — official index, not sold-price averages): Thanet. Series: Flats and maisonettes. As of March 2026.

1y (index) -7.9%
5y (index) -4.2%
10y (index) 27.8%

Company ownership

Registered legal owner is a company.

Company-owned (UK company)

Company: YACHTBLUE LIMITED (10037435)

Rental Range

Estimated market rent for Thanet. Low = conservative, Realistic = average, Optimistic = best case.

Low £997/mo
Realistic £1,108/mo
Optimistic £1,219/mo

Based on Local Authority from postcode lookup → Thanet.

LHA (30th percentile) floor for Thanet: £576/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Peacocks 0.0 miles
Bus stop Cecil Street Council Offices 0.0 miles
Shop Penfold's H20 0.0 miles
Train station Margate 0.5 miles
Hospital Queen Elizabeth The Queen Mother Hospital 0.7 miles
Train station Westgate-on-Sea 1.9 miles
Hospital Queen Victoria Memorial Hospital 10.4 miles

Street-level crime

Category Count
Violence and sexual offences 159
Anti-social behaviour 77
Criminal damage and arson 52
Shoplifting 30
Other theft 25
Drugs 16
Public order 16
Other crime 9
Bicycle theft 5
Burglary 5
Vehicle crime 4
Possession of weapons 2
Robbery 1
Total incidents 401

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Margate, Holy Trinity and St John's Church of England Primary School Primary 0.1 miles Good — 23 May 2023
Salmestone Primary School Primary 0.6 miles Good — 27 Feb 2019
Parkview Academy Other 0.6 miles Inadequate — 25 Sep 2024
Drapers Mills Primary Academy Primary 0.7 miles Good — 27 Apr 2018
Hartsdown Academy Secondary 0.7 miles Good — 30 Jan 2022

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
1 Bed Flat, First Floor, CT9 £800/mo 1 0.11 miles OpenRent
1 Bed Flat, Grosvenor Place, CT9 £1,100/mo 1 0.13 miles OpenRent
Studio Flat, High Street, CT9 £850/mo 1 0.16 miles OpenRent

Average rent: £917/mo (3 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.35%
Max investor price (0.8%) £106,250
Target investor price (1%) £85,000
Gross yield 4.3%
Cost-to-rent ratio 23.5×
Monthly cashflow £-205/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -3.5%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).