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See how verdicts work2-bedroom flat · CT9 2FF
For saleListed 78 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a sought-after seafront location, this spacious two-bedroom upper ground floor apartment enjoys side sea views and is perfectly positioned opposite the iconic bandstand, where regular live entertainment and community events can be enjoyed throughout the year.
Presented in neutral décor throughout, the property offers a welcoming and well-proportioned layout.
A generous entrance hallway leads to the spacious open-plan lounge/kitchen, cleverly designed so the shape of the room naturally creates distinct living and kitchen areas while maintaining an open, sociable feel.
There are two good-sized bedrooms and a large bathroom, making the apartment ideal for first-time buyers, downsizers or those looking for a seaside retreat.
The property also benefits from a secure allocated parking space, together with ample additional parking for residents and visitors.
Conveniently located just a short stroll from Northdown Road, you'll find an excellent selection of independent cafés, restaurants, bars and shops, all contributing to the area's vibrant and increasingly popular atmosphere.
With the beach on your doorstep and Margate's Old Town within easy reach, this is a fantastic opportunity to enjoy coastal living in a prime location.
Communal Entrance Entrance (20' (6.1m)) Entrance door to flat. Wall mounted fuse box. Wall mounted electric heater. Storage cupboard. Cupboard housing hot water tank.
Kitchen (10'7 x 10'0 (3.23m x 3.05m)) Range of wall and base units with work surface. Integral oven with electric hob. Space for washing machine. Space for fridge/freezer. Extractor.
Lounge (12'9 x 8'4 (3.89m x 2.54m)) Double glazed windows to side and rear - side offering sea views. Electric heater. Power points. Buzzer entry phone.
Bedroom One (16'6 narr to 14'1 x 8'7 (5.03m narr to 4.29m x 2.62m)) Double glazed sash window to side with sea view. Power points. Wall mounted electric heater.
Bedroom Two (16'7 narr to 14'1 x 8'7 (5.05m narr to 4.29m x 2.62m)) Currently used as a study. Double glazed sash window to side with sea view. Power points.
Bathroom (7'9 x 7'6 (2.36m x 2.29m)) Panelled bath with shower over. Low level WC. Wash hand basin. Electric towel heater.
Reserved Parking Space Leasehold Information The vendor advises that the lease was granted for a term of 125 years from 1st January 2011, leaving approximately 110 years remaining.
They also advise the service charges is £1705 p/a and the ground rent is peppercorn.
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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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 84 Burlington Place, Eastern Esplanade, Margate
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