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£1,100,000
Bedrooms
Bathrooms
Gordon House is a remarkably characterful Grade II-listed home located on the fringe of Margates centre, just minutes from the Main Sands and the railway station. Originally built in the 1790s as a Georgian family home with servants quarters, Gordon Houses 4903 square feet now feature six bedrooms, four bathrooms, a gallery space and studios across its five, thoughtfully renovated floors. Many of the original architectural features have been revealed and preserved, and later Victorian cosmetic additions saved, including marble fire surrounds, internal archways and doors, sash windows and wooden floorboards. This is a home that can be configured in many different ways and is now ready for its next custodian.
The home was once part of the Ancient Parish of St John the Baptist - which dates back to the 1500s - and had links with the nearby Grade I-listed Parish Church. This impressive space has since seen life as a womens refuge and a convalescence home for children, before becoming a private residential home once again in the mid- to late-1900s.
Lived-in Levels
A mixture of exposed and painted brickwork and render diverge Gordon Houses imposing facade, which is set slightly back from the pavement behind original iron railings. The principal entranceway sits central on the raised ground floor and features a fanlight, reverse sign written by Margates own Hermetic Sign Company. It opens into a generous vestibule, divided from the hallway by an early Victorian fluted glass door thats surrounded by complementary stained-glass windows - a taste of the colour and character to come.
The spacious hallway lies beyond, with the start of the homes continuing switch-back staircase set ahead to the left, and a further stained glass-adorned door ahead to the right that separates off a ground-floor shower room and WC, as well as direct access to the garden.
The main reception room is located to the right, which retains a warm feel despite its vast proportions. The original skirting boards, picture rails and dividing arch are dutifully complemented by a pair of white marble fireplaces across this double-sized space. A beautiful botanical mural embellishes one of the west-facing corners, meticulously hand-painted by Gordon Houses current artist owner.
To the left of the hallway is a two-storey annex - thought to be a later structural addition - that hosts Gordon Houses distinctive triangle-shaped kitchen. Designed with fluidity in mind, the kitchen mixes freestanding and built-in cabinetry with colourful, handmade Mexican terracotta tiles and hand-finished woods for a rustic edge. Clever use is made of the architectures acute southwest-facing corner; one of the original street-level entranceways has been turned into a shelved and lit pantry. Proportions easily allow for a social-sized dining table, and a generous, full-height storage area to the east end of the room adds welcome convenience.
The first and second floors follow a shared footprint. Each offers two generously sized double bedrooms to the left as you enter their landings, and a bathroom ahead, both with shower, bathtub and WC. The first floors bedrooms are particularly noteworthy, as they are divided with an original set of large, double arched doors. Whilst the two bedrooms at the front of the house face west and feature two sash windows a piece, the rear bedrooms face east and feature one central sash window each. All benefit from feature fire surrounds.
Flexible Floors
Gordon Houses third - and top - floor has two double bedrooms. They are accessed from the sky-lit hallway and follow the pitch of the buildings gull-wing roof, which would have been originally constructed with ships beams sourced from nearby Chatham Dockyard. The larger of the two bedrooms takes the whole width of the houses front, west-facing side and draws back to create an L-shape, with two entrance doors. As such, it could be easily divided into two, if desired. A bathroom with shower, separate WC and a small kitchen make this floor self-contained, and ideal for guests. The sea and the horizon line can be seen from here too, just beyond the charming menagerie of Margates rooftops.
At the opposite end of the house, the lower ground floor brings the current owners creative and community spirits together. Sharing the same footprint as the ground floor, it is divided into one triangle-shaped room - currently being used as an artist studio - and a large, well-realised gallery space. The latter makes use of one of Gordons Houses two lower-ground-level entrances, affording the public direct access to the gallery from the street, making it an ideal events or work space. There is also a WC on this floor, and a large storage room.
In and Out
Secondary access to the garden is available from the gallery via French doors, which open out onto a gravelled lower terrace. The upper half of the garden is ascended to by steps, and home to a border of brick-made raised beds, a corner shed and a lockable gate that leads out to the public alleyway that flanks Gordons Houses northern edge. Mature planting climbs the gardens perimeter, which provides a sheltered pocket of green that traps the sun.
As Gordon House is Grade II listed, the windows have been fitted with secondary glazing. The homes history also affords it access to four subterranean spaces - three to the front that stretch under the road (two of which provide ample dry storage) and one in the garden that holds plenty of potential as an additional storage space or darkroom. The current owners overhauled the homes internal gas and electricity supply networks approximately six years ago, modernising them completely.
Location
Gordon Houses location puts you right in the centre of Margate, mere moments from the charming old town, with its independent restaurants, cafes, galleries and shops, and a short walk to the areas sandy beaches and the Turner Contemporary art gallery. The Carl Freedman Gallery is closer still, whilst The Centre Margate and the High Street are just a minutes walk away.
Margate recently received confirmation of 22 million funding as part of the Governments Town Deal programme, so the area is on course for continued renovation across its creative, heritage and wellbeing sectors. With the fund, historic buildings such as the Winter Gardens and Dreamland Cinema, are set to be refurbished, whilst better connections throughout the town will be implemented, making walking and cycling routes more attractive. Facilities and access to the coastline will also be improved, including that of Walpole Bay tidal pool - a favourite spot amongst locals.
Margate train station is a 13-minute walk away, just the other side of Margate Main Sands. London can be reached directly in 1 hour and 24 minutes by rail. The nearby coastal towns of Broadstairs and Ramsgate are easily reached by car, bus or train, whilst slightly further afield are the charming seaside draws of Whitstable, Deal and Sandwich.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
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Final Equity Profit = Final Property Value - Mortgage Required - Investment
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