We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · CT9 1AE
Sold STCListed 177 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No Forward Chain, Allocated Parking & Prime Old Town Location!
Nestled within a gated development, this well-maintained two-bedroom end-of-terrace home is ideally positioned just a short stroll from the vibrant heart of Margate's Old Town, where historic charm blends effortlessly with modern coastal living.
The golden sands of Margate Main Sands and the iconic seafront are just moments away, perfect for beach walks and making the most of everything this thriving seaside town has to offer.
The area is renowned for its eclectic mix of boutique shops, independent galleries, stylish bars, and highly regarded restaurants, with popular nearby spots including Angela's, Sargasso, Bottega Caruso, and Buoy & Oyster.
Dreamland amusement park and the Turner Contemporary gallery are also within easy reach, further enhancing the appeal of this sought-after location.
On the ground floor, you'll find a good-sized kitchen with integrated appliances, a spacious hallway, a convenient cloakroom, and a spacious lounge/diner that opens directly onto the wrap-around garden, perfect for relaxing.
The first floor features two double bedrooms, both with built-in wardrobes, as well as a modern shower room. The property also benefits from allocated parking.
We feel this property would make an ideal first-time buy, coastal retreat, or holiday home.
For more information on this lovely home, contact Cooke & Co today to arrange your viewing, or visit our website at for further details. Entrance Via glazed UPVC door into.
Kitchen (13'8 x 8'9 (4.17m x 2.67m)) Matching wall and base units with complementary granite work surfaces. Butler sink with mixer tap over. Splashback tiles. Integrated fridge freezer.
Integrated dishwasher. Integrated washing machine. Integrated oven and hob with extractor fan over. Cupboard housing combination boiler. Radiator. Double glazed window to side.
Door to: Hallway Radiator. Power points. Under-stairs storage cupboard. Stairs leading to first floor. Double doors to: Cloakroom (5'6 x 2'8 (1.68m x 0.81m)) Low-level WC. Wash hand basin. Radiator.
Extractor fan. Lounge / Diner (13'8 x 12'2 (4.17m x 3.71m)) Double glazed windows to side. Double glazed French doors to front leading to garden. Radiator. Power points. Fist Floor Landing Radiator.
Doors to: Bedroom (13'9 x 12'3 (4.19m x 3.73m)) Double glazed window to front. Radiator. Power points. 2 x Built-in wardrobes. Bedroom (11'6 x 8'9 (3.51m x 2.67m)) Double glazed window to side.
Radiator. Power points. Built-in wardrobes. Shower Room (7'9 x 5'4 (2.36m x 1.63m)) Shower cubicle with mains rainfall shower over and shower attachment. Sink set into vanity unit. Low-level WC.
Heated towel rail. Extractor fan. Fully tiled. Garden Artificial grass. Decked area. Paving. Shed. Allocated Parking One allocated parking space.
Agents Notes We have been advised there is an estate charge that is run on an ad hoc basis.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 12, Kings Mews, Margate
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