Sold STC Flat

FLAT 1

41 RAMSGATE ROAD, MARGATE, KENT CT9 5RT

1 beds 1 baths 495 sq ft Listed 17 Dec 2025 (-227d)

£105,000

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# 1 bedroom ground floor flat for sale (CT9 5RT)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 1, 41 RAMSGATE ROAD, MARGATE, KENT CT9 5RT |
| Price | £105,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | A |
| Construction age | England and Wales: 1900-1929 |
| Floor area | 46 m² |
| Last sold | £90,000 May 2025 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** C
- **Expiry date:** 11/05/2021 — **EXPIRED** (no longer valid for marketing or letting)
- **Current heating cost:** £373/year
- **Est. upgrade cost to C:** £14,915

### Recommendations
- E (£15)
- G (£350 - £450)
- O (£2,500 - £6,500)
- Q (£5,500 - £14,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0087-2862-6052-9699-1411)

## Description

Cosy one bedroom, ground floor flat situated minutes from the QEQM and a short walk into the Old Town and Seafront. This lovely apartment benefits from a lounge/diner, modern compact kitchen with freestanding fridge/freezer and electric oven/hob, double bedroom with a floor to ceiling wardrobe and a spacious bathroom. Further features include; double glazing throughout, gas central heating, and a large storage cupboard. EPC rating C. Council Tax Band A. Available now!

## Property Photos

- ![Photo](/listings/photos/170377214/1644809)
- ![Lounge](/listings/photos/170377214/1644811) - Lounge
- ![Lounge](/listings/photos/170377214/1644818) - Lounge
- ![Bedroom](/listings/photos/170377214/1644826) - Bedroom
- ![Bathroom](/listings/photos/170377214/1644832) - Bathroom
- ![Kitchen](/listings/photos/170377214/1644837) - Kitchen
- ![Photo](/listings/photos/170377214/1644839)

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 41 FLAT 1 RAMSGATE ROAD, MARGATE, THANET, KENT, CT9 5RT | £90,000 | 22/05/2025 | 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 |
|---------|-------|------|------|
| [Same street] 41 FLAT 2 RAMSGATE ROAD, MARGATE, THANET, KENT, CT9 5RT | £102,500 | 03/12/2025 | Flat |
| [Same street] 25 RAMSGATE ROAD, MARGATE, THANET, KENT, CT9 5RT | £340,000 | 22/05/2025 | Terraced |
| [Same street] 27A RAMSGATE ROAD, MARGATE, THANET, KENT, CT9 5RT | £170,000 | 20/10/2023 | Terraced |
| [Same street] 51 FLAT 2 RAMSGATE ROAD, MARGATE, THANET, KENT, CT9 5RT | £85,000 | 31/03/2022 | Flat |
| 12A ALEXANDRA ROAD, MARGATE, THANET, KENT, CT9 5SP | £200,000 | 18/03/2022 | Flat |
| [Same street] 33 RAMSGATE ROAD, MARGATE, THANET, KENT, CT9 5RT | £345,000 | 04/02/2022 | Terraced |
| 26 FLAT 2 VICARAGE CRESCENT, MARGATE, THANET, KENT, CT9 1LH | £128,000 | 14/01/2022 | Flat |
| [Same street] 53 TOP FLAT RAMSGATE ROAD, MARGATE, THANET, KENT, CT9 5RT | £150,000 | 01/10/2021 | Flat |
| [Same street] 41 FLAT 2 RAMSGATE ROAD, MARGATE, THANET, KENT, CT9 5RT | £99,000 | 24/09/2021 | Flat |
| [Same street] 13 RAMSGATE ROAD, MARGATE, THANET, KENT, CT9 5RT | £370,000 | 21/09/2021 | Terraced |

**Street average:** £207,688 (8 sales)
**Area average:** £164,000 (2 sales)

## Price vs local average

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

- **Local average:** £170,576 (58 Flat, CT9, 2024–2026)
- **Deviation:** -38.4%

## Rental Range

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

- **Low:** £999/mo
- **Realistic:** £1,110/mo
- **Optimistic:** £1,221/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Thanet (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £576/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 |
|------|------|------|------|------|
| 1 Bed Flat, Grosvenor Place, CT9 | £875/mo | 1 | 0.24 miles | OpenRent |
| 1 Bed Flat, Hawley Square, CT9 | £1,350/mo | 1 | 0.39 miles | OpenRent |
| 1 Bed Flat, Cliftonville Avenue, CT9 | £825/mo | 1 | 0.68 miles | OpenRent |
| 1 Bed Flat, Ethelbert Terrace, CT9 | £825/mo | 1 | 0.84 miles | OpenRent |
| 1 Bed Flat, Lewis Crescent, CT9 | £1,350/mo | 1 | 1.03 miles | OpenRent |

**Average rent: £1,045/mo (5 listings)**

## 1% Rule

- **Rent ratio:** 0.83% (okay)
- **Max investor price (0.8%):** £109,375
- **Target investor price (1%):** £87,500

*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 £875/mo).*

- **Gross yield:** 10%
- **Cost-to-rent:** 10×
- **Monthly cashflow:** £349/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 13.8%

*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:** £2,283/m²

## Capital growth trend

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

- **5y growth:** 13.8%
- **10y growth:** 39.8%

## House Price Index (HM Land Registry)

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

- **1y growth (index):** -7.3%
- **5y growth (index):** -3.1%
- **10y growth (index):** 27.3%

## 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)

Photo 1 Lounge Lounge Bedroom Bathroom Kitchen Photo 7

/ 7

Property details

Tenure

LEASEHOLD (93 years remaining on lease)

Floor area

46 m²

Council tax band

EPC rating

Year built

England and Wales: 1900-1929

Last sold

£90,000 May 2025

Price per m²

£2,283/m²

Local average

£170,576 (-38.4%)

Deprivation

Decile 1 (2,500 of 33,755)

Street crime

527 incidents within 1 mile (May 2026)

Key features

Ground Floor Flat
Chain Free
Ideal Investment/ First Time Buyer
Central Location

Additional details

Electricity: Mains supply
Broadband: ADSL copper wire
Water: Mains supply
Sewerage: Mains supply
Heating: Gas central
Listed property: No
Restrictions: No
Required access: No
Rights of way: No
Flooded in last 5 years: No
Flood defences: No

Description

Listed by

Margate

Thomas Jackson

Reference: 170377214

EPC Rating & Upgrade Cost

This certificate expired on 11/05/2021. A new EPC may be required before the property can be marketed or let.

Current rating: D

Potential rating: C

Inspection date: 12/05/2011

Expiry date: 11/05/2021 (expired)

Current heating cost: £373/year

Potential heating cost: £358/year

Est. upgrade cost to C: £14,915

EPC D or below may face future regulation risk. Upgrading to C could improve long-term ROI.

Recommendations

Low energy lighting for all fixed outlets (£15)
Upgrade heating controls (£350 - £450)
Replace single glazed windows with low-E double glazing (£2,500 - £6,500)
50 mm internal or external wall insulation (£5,500 - £14,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Price history

Event	Date	Price	% change
Sold	22/05/2025 (1 year ago)	£90,000	—

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
Same street 41 FLAT 2 RAMSGATE ROAD, MARGATE, THANET, KENT, CT9 5RT	£102,500	03/12/2025	Flat
Same street 25 RAMSGATE ROAD, MARGATE, THANET, KENT, CT9 5RT	£340,000	22/05/2025	Terraced
Same street 27A RAMSGATE ROAD, MARGATE, THANET, KENT, CT9 5RT	£170,000	20/10/2023	Terraced
Same street 51 FLAT 2 RAMSGATE ROAD, MARGATE, THANET, KENT, CT9 5RT	£85,000	31/03/2022	Flat
12A ALEXANDRA ROAD, MARGATE, THANET, KENT, CT9 5SP	£200,000	18/03/2022	Flat
Same street 33 RAMSGATE ROAD, MARGATE, THANET, KENT, CT9 5RT	£345,000	04/02/2022	Terraced
26 FLAT 2 VICARAGE CRESCENT, MARGATE, THANET, KENT, CT9 1LH	£128,000	14/01/2022	Flat
Same street 53 TOP FLAT RAMSGATE ROAD, MARGATE, THANET, KENT, CT9 5RT	£150,000	01/10/2021	Flat
Same street 41 FLAT 2 RAMSGATE ROAD, MARGATE, THANET, KENT, CT9 5RT	£99,000	24/09/2021	Flat
Same street 13 RAMSGATE ROAD, MARGATE, THANET, KENT, CT9 5RT	£370,000	21/09/2021	Terraced

Street average: £207,688 (8 sales)

Area average: £164,000 (2 sales)

Capital growth trend

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

5y growth 13.8%

10y growth 39.8%

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

1y (index) -7.3%

5y (index) -3.1%

10y (index) 27.3%

Company ownership

Registered legal owner is a company.

Company-owned (UK company)

Company: L P PROPERTY RENTALS LTD (16594748)

Rental Range

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

Low £999/mo

Realistic £1,110/mo

Optimistic £1,221/mo

Based on Local Authority from postcode lookup → Thanet.

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

Location

Map view View on Google Maps View on OpenStreetMap Street View CT9 5RT

Nearby

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

Type	Name	Distance
Bus stop	Alexandra Road	0.0 miles
Shop	Just Jacks	0.1 miles
Shop	Margate Mini Market & Off Licence	0.1 miles
Hospital	Queen Elizabeth The Queen Mother Hospital	0.3 miles
Train station	Margate	0.6 miles
Train station	Westgate-on-Sea	2.0 miles

Street-level crime

Category	Count
Violence and sexual offences	183
Anti-social behaviour	129
Criminal damage and arson	54
Shoplifting	41
Other theft	32
Public order	26
Drugs	24
Vehicle crime	11
Burglary	8
Other crime	7
Robbery	7
Possession of weapons	3
Bicycle theft	2
Total incidents	527

Within 1 mile during May 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
Salmestone Primary School	Primary	0.2 miles	Good — 27 Feb 2019
Margate, Holy Trinity and St John's Church of England Primary School	Primary	0.4 miles	Good — 23 May 2023
St Gregory's Catholic Primary School, Margate	Primary	0.4 miles	Good — 17 Oct 2019
Drapers Mills Primary Academy	Primary	0.5 miles	Good — 27 Apr 2018
Hartsdown Academy	Secondary	0.6 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, Grosvenor Place, CT9	£875/mo	1	0.24 miles	OpenRent
1 Bed Flat, Hawley Square, CT9	£1,350/mo	1	0.39 miles	OpenRent
1 Bed Flat, Cliftonville Avenue, CT9	£825/mo	1	0.68 miles	OpenRent
1 Bed Flat, Ethelbert Terrace, CT9	£825/mo	1	0.84 miles	OpenRent
1 Bed Flat, Lewis Crescent, CT9	£1,350/mo	1	1.03 miles	OpenRent

Average rent: £1,045/mo (5 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.83%

Max investor price (0.8%) £109,375

Target investor price (1%) £87,500

Gross yield 10%

Cost-to-rent ratio 10×

Monthly cashflow £349/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 13.8%

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).