# 2 bedroom apartment for sale (CT9 3DH)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 7, PALM BAY COURT, 11, PALM BAY AVENUE, MARGATE, KENT CT9 3DH |
| Price | £325,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Construction age | England and Wales: 1900-1929 |
| Floor area | 63 m² |
| Last sold | £325,000 Mar 2023 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** C
- **Current heating cost:** £576/year
- **Est. upgrade cost to C:** £9,015

### Recommendations
- Q (£4,000 - £14,000)
- E (£15)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0750-2812-7352-9503-2255)

## Description

DUAL ASPECT SEA VIEWS!! Miles and Barr are delighted to offer to the market this fantastic two-bedroom third floor apartment. Situated in Palm Bay Avenue, this light and airy property has all you need on its doorstep. Internally the property offers an entrance hall, two good sized bedrooms, bathroom, kitchen, large living room with stunning sea views and access to the seafront balcony. Further benefits include private courtyard parking and shed, share of freehold, and a lift within the block.

An ideal place for those who enjoy easy access to beautiful beaches and open water swimming, or like to work from a home with a stunning view. 

A peaceful, versatile space defined by a light paired-back palette, offering breath-taking sunrises and sunsets!

Call Miles and Barr 7 days a week to book your viewing!

MATERIAL INFORMATION

Length of lease: 999 years from 1st of June 2018

Annual ground rent amount: £0

Ground rent review period: N/A

Annual service charge amount: £1,218 

Service charge review period: No date set

Council tax band: B

Palm Bay is situated in a sought-after location which is only a short walk to the seafront with fantastic views and cliff top walks, it also enjoys being less than a 10 minute stroll from the 'Blue Flag' Awarded Beach, Botany Bay. Palm Bay holds a small row of shops and a regular bus service across Thanet and the wider area. Margate is home to the Turner Contemporary art gallery and Margate's Old Town with its piazza, cafes, restaurants and harbour arm. Margate railway station offers fast services to Kings Cross, St. Pancras. There are also good road links to London via the A299 Thanet Way and M2 Motorway.

**Entrance** - 

**Bedroom One** - 4.35 x 3.29 (14'3" x 10'9") - 

**Bedroom Two** - 3.31 x 3.18 (10'10" x 10'5") - 

**Bathroom** - 1.96 x 1.57 (6'5" x 5'1") - 

**Living Room** - 4.62 x 5.28 (15'1" x 17'3") - 

**Kitchen** - 3.53 x 1.99 (11'6" x 6'6") - 

**External** - 

**Private Parking** - 

**Courtyard Shed** -

## Property Photos

- ![Photo](/listings/photos/126337190/639409)
- ![Photo](/listings/photos/126337190/639411)
- ![Photo](/listings/photos/126337190/639413)
- ![Photo](/listings/photos/126337190/639416)
- ![Photo](/listings/photos/126337190/639418)
- ![Photo](/listings/photos/126337190/639421)
- ![Photo](/listings/photos/126337190/639424)
- ![Photo](/listings/photos/126337190/639427)
- ![Photo](/listings/photos/126337190/639429)
- ![Photo](/listings/photos/126337190/639432)
- ![Photo](/listings/photos/126337190/639434)
- ![Photo](/listings/photos/126337190/639437)
- ![Photo](/listings/photos/126337190/639440)
- ![Photo](/listings/photos/126337190/639442)

## Floorplans

- ![Floorplan 1](/listings/photos/126337190/639445) - Floorplan 1

## EPC Graphs

- ![EE Rating](/listings/photos/126337190/639448) - EE Rating

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| PALM BAY COURT, 11 FLAT 7 PALM BAY AVENUE, MARGATE, THANET, KENT, CT9 3DH | £325,000 | 29/03/2023 | Flat |
| PALM BAY COURT, 11 FLAT 7 PALM BAY AVENUE, MARGATE, THANET, KENT, CT9 3DH | £202,000 | 11/10/2017 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| WISHING TOWER APARTMENTS, 18 9 EASTERN ESPLANADE, CLIFTONVILLE, MARGATE, THANET, KENT, CT9 3BG | £370,000 | 21/11/2025 | Flat |
| FLORENCE COURT FLAT 8 EASTERN ESPLANADE, CLIFTONVILLE, MARGATE, THANET, KENT, CT9 2JD | £158,000 | 22/09/2025 | Flat |
| HIGHCLIFFE HALL, 16 FLAT 10 EASTERN ESPLANADE, MARGATE, THANET, KENT, CT9 2JB | £240,000 | 19/12/2023 | Flat |
| NORTHUMBERLAND COURT FLAT 29 NORTHUMBERLAND AVENUE, MARGATE, THANET, KENT, CT9 3BS | £135,000 | 22/11/2023 | Flat |
| 81 - 83 FLAT 8 EASTERN ESPLANADE, CLIFTONVILLE, MARGATE, THANET, KENT, CT9 2JP | £247,000 | 03/08/2023 | Flat |
| ROBINA COURT FLAT 1 PALM BAY AVENUE, MARGATE, THANET, KENT, CT9 3DG | £317,500 | 06/07/2023 | Flat |
| LYNTON COURT MANSIONS, 93 FLAT 4 EASTERN ESPLANADE, MARGATE, THANET, KENT, CT9 3AA | £197,000 | 14/04/2023 | Flat |
| [Same street] 1 PALM BAY AVENUE, MARGATE, THANET, KENT, CT9 3DH | £472,000 | 28/02/2023 | Detached |
| WALPOLE HEIGHTS, 12 FLAT 3 EASTERN ESPLANADE, MARGATE, THANET, KENT, CT9 2JB | £192,500 | 13/12/2022 | Flat |
| ROBINA COURT FLAT 4 PALM BAY AVENUE, MARGATE, THANET, KENT, CT9 3DG | £345,000 | 12/12/2022 | Flat |
| HIGHCLIFFE HALL, 16 FLAT 7 EASTERN ESPLANADE, MARGATE, THANET, KENT, CT9 2JB | £345,000 | 09/11/2022 | Flat |
| GOODWIN COURT FLAT M LEICESTER AVENUE, CLIFTONVILLE, MARGATE, THANET, KENT, CT9 3DE | £170,000 | 18/10/2022 | Flat |
| HIGHCLIFFE HALL, 16 FLAT 15 EASTERN ESPLANADE, MARGATE, THANET, KENT, CT9 2JB | £249,000 | 21/09/2022 | Flat |
| WISHING TOWER APARTMENTS, 18 8 EASTERN ESPLANADE, CLIFTONVILLE, MARGATE, THANET, KENT, CT9 3BG | £247,500 | 20/09/2022 | Flat |
| WALPOLE HEIGHTS, 12 FLAT 6 EASTERN ESPLANADE, MARGATE, THANET, KENT, CT9 2JB | £400,000 | 09/09/2022 | Flat |
| DEVONIA HALL FLAT 1 BERESFORD GARDENS, MARGATE, THANET, KENT, CT9 3AJ | £242,000 | 28/07/2022 | Flat |
| LYNTON COURT MANSIONS, 93 FLAT 4 EASTERN ESPLANADE, MARGATE, THANET, KENT, CT9 3AA | £166,500 | 30/06/2022 | Flat |
| NORTHUMBERLAND COURT FLAT 22 NORTHUMBERLAND AVENUE, MARGATE, THANET, KENT, CT9 3BS | £170,000 | 27/06/2022 | Flat |
| FLORENCE COURT FLAT 19 EASTERN ESPLANADE, CLIFTONVILLE, MARGATE, THANET, KENT, CT9 2JD | £158,000 | 21/06/2022 | Flat |
| HIGHCLIFFE HALL, 16 FLAT 12A EASTERN ESPLANADE, MARGATE, THANET, KENT, CT9 2JB | £250,000 | 21/06/2022 | Flat |
| 33 FLAT 7 BERESFORD GARDENS, CLIFTONVILLE, MARGATE, THANET, KENT, CT9 3AN | £275,000 | 24/05/2022 | Flat |
| [Same street] 9 PALM BAY AVENUE, MARGATE, THANET, KENT, CT9 3DH | £420,000 | 16/12/2021 | Detached |
| [Same street] 2 PALM BAY AVENUE, MARGATE, THANET, KENT, CT9 3DH | £10,000 | 26/11/2021 | Other |

**Street average:** £300,667 (3 sales)
**Area average:** £243,750 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £171,753 (51 Flat, CT9, 2024–2026)
- **Deviation:** +89.2%

## Rental Range

*ONS Price Index of Private Rents (Thanet). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £997/mo
- **Realistic:** £1,108/mo
- **Optimistic:** £1,219/mo

## 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 |
|------|------|------|------|------|
| 2 Bed Flat, Palm Bay Court, CT9 | £1,400/mo | 2 | 0.01 miles | OpenRent |
| 2 Bed Flat, Palm Bay Court, CT9 | £1,300/mo | 2 | 0.02 miles | OpenRent |
| 2 Bed Flat, Surrey Road, CT9 | £1,200/mo | 2 | 0.25 miles | OpenRent |
| 2 Bed Flat, Cliftonville, CT9 | £1,100/mo | 2 | 0.27 miles | OpenRent |
| 2 Bed Flat, Surrey Road, CT9 | £1,075/mo | 2 | 0.28 miles | OpenRent |
| 2 Bed Flat, Second Avenue, CT9 | £1,450/mo | 2 | 0.35 miles | OpenRent |
| 2 Bed Maisonette, Norfolk Road, CT9 | £985/mo | 2 | 0.38 miles | OpenRent |
| 2 Bed Flat, Sweyn Road, CT9 | £1,000/mo | 2 | 0.51 miles | OpenRent |
| 2 Bed End Terrace, Grotto Road, CT9 | £1,350/mo | 2 | 0.81 miles | OpenRent |
| 2 Bed Terraced House, Dane Park Road, CT9 | £1,500/mo | 2 | 0.85 miles | OpenRent |
| 2 Bed Terraced House, Turkey St, CT9 | £1,250/mo | 2 | 1.09 miles | OpenRent |

**Average rent: £1,237/mo (11 listings)**

## 1% Rule

- **Rent ratio:** 0.38% (weak for cashflow)
- **Max investor price (0.8%):** £156,250
- **Target investor price (1%):** £125,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,250/mo).*

- **Gross yield:** 4.6%
- **Cost-to-rent:** 21.7×
- **Monthly cashflow:** £-180/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -2.3%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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).*

## Price per Square Metre

- **£/m²:** £5,159/m²

## Capital growth trend

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

- **5y growth:** 8%
- **10y growth:** 41%

## House Price Index (HM Land Registry)

*Official index for Thanet; Flats and maisonettes series; as of March 2026.*

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

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)