Cooke & Co are extremely honoured to offer for sale this brand-new development of just 9, exceptional one-, two- and three-bedroom apartments in Hawley Square, Margate. Sympathetically converted and being built by a highly regarded developer, these properties offer contemporary and luxury living throughout.
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.
Margate is one of England’s first and some would say finest seaside resorts. Three centuries of holidays have left behind a rich tapestry of buildings and this legacy has been little understood and often undervalued, but is now experiencing a gentle renascence.
This stunning Georgian building has got kerb appeal in abundance. Once you step inside these beautiful apartments, you can spend your time people watching from your lounge deciding on which restaurant you will be dining out in the evening.
Margate has been one of the UK’s leading seaside resorts for hundreds of years and offers all the benefits that brings. Hawley Square is less than half a mile away from the ever-popular Margate Sands - what could be more convenient for a family with young children to entertain!
A short drive away, there’s plenty of the great outdoors to enjoy. Such as Stodmarsh National Nature Reserve, where you can explore the wetlands, reed beds and woodlands, whilst at Wingham Wildlife Park near Canterbury, you can meet the monkeys, wolves, reptiles, big cats and more.
Some of the UK’s very best sandy beaches can be enjoyed in nearby Broadstairs as well as at The Bay, the wide sandy beach that’s one of several in Margate – with more than fifteen more scattered across the wider area, so you’ll never have a problem getting your daily dose of Vitamin Sea!
Found on the Southeastern tip of Kent, Margate tends to enjoy an oceanic climate, with often milder temperatures complemented by a relatively large amount of sunshine and quite low rainfall, so the kids can spend even more time playing amongst the palm trees on the beach, while you relax with a sundowner.
Even though Margate is closer to France than it is to its own county town of Maidstone, regular trains from Margate Station will whisk you directly to London St Pancras International or London Victoria station in under two hours.
And for families with young children, Hawley Square offers a number of well-regarded primary schools such as Cliftonville Primary School which received an Outstanding report from Ofsted. From Hawley Square there are readily accessible bus routes to a number of secondary schools such as King Ethelbert School and St Georges Church of England Foundation school both received Good Ofsted reports in the last few years.
There are plenty of retail opportunities in Margate and beyond, whether you simply want to shop for your weekly groceries, or indulge in the biggest high street fashion brands. There’s the convenience of several large supermarkets in and around Margate.
On the last Sunday of every month, you can also browse the stalls of the nearby Cliftonville Farmers' Market, where you can sample high-quality local produce and home-cooked delicacies. Set up around the historic Oval bandstand close to the sea, you’ll find seasonal fruit and vegetables, artisan breads, cheeses, meat, fresh fish and plenty more.
Alternatively, for an even bigger shopping experience, you can reach the 300 high street and designer stores at Bluewater in about an hour by car, or an hour and a half by rail. For more traditional seaside entertainment, you can take your chances at Strokes Adventure Golf, the mini golf course overlooking Westbrook Bay. The more adventurous types can surf or jet ski along the coast, while further inland is the Revolution Skate Park and Climbing Centre.
Close by are the thrills and rides of Dreamland Amusement Park (which famously featured in an episode of ‘Only Fools & Horses’), which also hosts events from concerts to outdoor cinema screenings. As well as its obvious lifestyle advantages, Hawley Square allows residents to indulge in a wealth of culture, right on their doorstep. Less than a 10-minute walk away, the outstanding Turner Contemporary, the world-class modern gallery standing where the artist himself once lived, showcases renowned collections.
Theatre-goers are spoiled for choice too, with the Theatre Royal in Addington Street – the second oldest theatre in the country – and the Tom Thumb Theatre, the second smallest. In addition, the Winter Gardens stages entertainment from music shows to stand-up comedy and music-lovers can swing along to the Margate Jazz Festival which takes place every June. The only problem is knowing how to fit it all in.
Plot 1 & 3 – 1 Bedroom
Plot 3 does not have a courtyard at all but a Juliet balcony to the rear instead
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 anything we have seen before locally. The accommodation comprises of a communal entrance with lift service, once inside the apartment itself you will find a beautiful open plan lounge/kitchen/diner, a double bedroom, as well as a bespoke bathroom. Externally you will find a private courtyard (Plot 3, a Juliet Balcony) to the front and rear, with the front offering views over Hawley Square.
Plots 2, 4, 5, 6, 7 & 8 – 2-bedrooms
Plot 2 has a courtyard front and rear. Plot 4 has Juliet balconies only to the rear.
This beautifully designed two-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 can be reached by stairs or by lift and comprises of a communal entrance then once in the apartment itself you will find a beautiful open plan lounge/kitchen/diner, two double bedrooms, as well as a bespoke bathroom. Externally you will find a balcony at the rear. (Plot 2, a courtyard to front and rear, Plot 4 a Juliet balcony instead)
Plots 9 – 3-bedroom
This beautifully designed three-bedroom penthouse 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 can be reached by stairs or by lift which has private access directly into the apartment, once in the apartment itself you will find a beautiful open plan lounge/kitchen/diner, three double bedrooms, a dressing room from the master bedroom and private en-suite, as well as a bespoke family bathroom. Externally you will find two private balconies to the rear with sea views.
Flat 1
Flat 2
Flat 3
Flat 4
Flat 5
Flat 6
Flat 7
Flat 8
Flat 9
Internal Common Parts
· Bronze automated entrance doors
· Kono Monospace passenger lift to all floors
· Central fire alarm system
· Central plant room serving all apartments at the rear (basement level)
· Steel industrial staircase
· Steel apartment doors
Apartments
· Control 4 intelligent home automation system
· Underfloor zoned heating
· Domus MVHR (mechanical ventilation and heat recovery) fresh filtered air system
· Danfoss HIU (Heating interface unit) providing hot water and underfloor heating
· Masterclass kitchens with Siemens appliances, glass splash backs and porcelain work surfaces and Kooker taps.
· L.R. Comfort cooling
· Havwoods Bergen oiled T & G flooring (excluding bathrooms)
· Eco Friendly porcelain fully tiles bathrooms with 'wet room' showers and Lusso Stone standalone baths.
Other Features
· High Speed fibre Openreach Broadband
· Allianz underwritten ten-year building guarantee
· Rear cycle storage and bin store
· External and internal (common parts) CCTV
Pricing & Availabilty
| Status | Price / Plot | Accommodation |
|---|---|---|
| Available | £299,000 Plot Apartment 6 50 Hawley Square | 2 1 1 |
| Available | £240,000 Plot Apartment 3 50 Hawley Square | 1 1 1 |
Site Plan
Hawley Square is less than a mile away from Margate Station which you can easily reach on foot or using the local bus services.
From there, you can reach either of two major London stations – London St Pancras International and London Victoria – with no need to change and a choice of several departures an hour. You can also take a direct train to Ashford International Station in less than an hour, where you can connect with Eurostar services to Paris, Lille and Brussels.
Another way to make the trip across to the Continent is by ferry crossing from the Port of Dover, which will take you approximately 40 minutes by road, while you can reach the Eurotunnel Le Shuttle terminal at Folkestone in around an hour by car. The nearest major airport to Hawley Square is Gatwick, which is about a 90-minute drive.
Help to Buy is available on select properties within this development. Please ask for details.
Help To Buy
Help to Buy is a government scheme which can help you to buy a property with just a 5% deposit with a Help to Buy: Equity Loan, subject to eligibility, terms and conditions
The Government has announced a new Help to Buy scheme to run from April 2021. It is restricted to first-time buyers and will include regional price caps to ensure the scheme reaches people who need it most. There are no changes to the current Help to Buy equity loan scheme which runs to March 2021.
The new scheme will run from April 2021 to March 2023. As with the current scheme, under the new plans, the Government will lend buyers up to 20% of the cost of a newly built home, and up to 40% in London.
Read more about this on https://www.helptobuy.gov.uk/
Help to Buy is a government scheme which can help first time home buyers get a property with just a 5% deposit. Use this guide to learn how Help to Buy schemes work, how to qualify and the different options available.
How does Help to Buy work?
Help to Buy: Equity loans
Where to go for more information
How does Help to Buy work?
Coronavirus
The coronavirus outbreak has affected the completion dates for Help to Buy homes. You can find out more on Gov.uk.
The Help to Buy scheme offers an equity loan where the government lends first-time buyers and existing homeowners money to buy a newly-built home.
The purchase price must be no more than £600,000. Under this scheme, you can borrow 20% of the purchase price interest-free for the first five years as long as you have at least a 5% deposit. If you live in London, you can borrow up to 40% of the purchase price.
Use our Mortgage Calculator, to work out how much you’d pay back each month.
The Government has confirmed it will extend its Help to Buy equity loan scheme from 2021 to 2023. However, this extension will be restricted to first-time buyers purchasing newly built homes.
From 2021, there will also be new regional price caps which could reduce the maximum value of homes that can be bought through the Equity Loan Scheme.
Who can’t apply for the scheme?
- You can’t use the above schemes to buy a second home or a property to rent out.
- If you use Help to Buy, you can only take out a repayment mortgage.
- You can’t buy a property for more than the set price limits (see below).
The Help to Buy scheme is available in England only.
Help to Buy: Equity loans
How they work
You need at least 5% of the sale price of your new-build flat or house as a deposit
The government lends you up to 20%, or 40% if you live in London, of the sale price.
You borrow the rest (up to 75%, or 55% if you live in London) from a mortgage lender, on a repayment basis.
The equity loan must be repaid after 25 years, or earlier if you sell your home.
You must repay the same percentage of the proceeds of the sale as the initial equity loan (i.e. if you received an equity loan for 20% of the purchase price of your home, you must repay 20% of the proceeds of the future sale).
Example
Cost of home - £200,000
Cost name Percentage of total £ value
Your deposit 5% £10,000
Equity loan 20% £40,000
Mortgage 75% £150,000
TOTAL £200,000
The interest rate you will be charged
You don’t pay any interest or fees on the government’s equity loan for the first five years. In the sixth year, you’ll be charged 1.75%.
After then, the fee rises by inflation based on the Retail Prices Index (RPI) plus 1% each year.
RPI figures are put together by the Office for National Statistics.
See below for an example of how the fees work.
Interest rates for paying back your loan
Years 1-5: no fees
Year 6: 1.75% of the loan
Year 7 onwards: 1.75% + RPI + 1%
These fees do not go towards paying off the government loan.
When you sell your home, or the mortgage is paid off, you have to repay the equity loan plus a share of any increase in the value. It works like this:
Example
Home bought for £200,000, sold for £250,000
Increase in value 25%
Equity loan repayment £50,000 (£40,000 + 25% profit)
Mortgage £150,000 (less capital repayments)
Your share at least £50,000
The remaining £50,000 (or more) can be used as a deposit on your next home.
The exact amount depends on how much you’ve paid off your mortgage.
You can also pay back part or all of your loan at any time.
The minimum percentage you can pay back is 10% of the market value of your home.
The amount you pay will depend on the market value at the time.
Where to go for more information
Please click here to visit the government find a help to buy agent
Speak to our Financial Adviser for further assistance.
Help to Buy is available subject to eligibility, terms and conditions.
