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 flat · CT9 4BP
Sold STCReduced £9k (−5.5%) on 24 AugListed 66 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Lovetts are please to bring to market this well-presented two-bedroom first-floor flat, situated in a highly sought-after modern development.
Offering convenience and comfort, this property boasts a range of desirable features. The property is being sold chain free.
Upon entering the property, you'll be greeted by an entry phone system providing secure access to the communal hall.
Ascend the stairs to reach the first-floor flat, where a spacious hallway connects all the rooms and features a convenient storage cupboard.
The heart of the home is the open-plan lounge/diner, a bright and inviting space with double doors that open to a Juliet Balcony overlooking the rear of the property.
This arrangement creates a seamless flow of natural light and allows for a refreshing breeze to permeate the space.
The well-appointed kitchen, complete with fitted wall and base units, complemented by surrounding tiling.
The kitchen features an integral fridge/freezer, washing machine, fitted electric oven, gas hob, and a stainless steel extraction hood.
The main bedroom is a comfortable retreat and benefits from its own en-suite shower room, equipped with a cubicle, wash hand basin, and WC.
Both bedrooms face the front of the property, providing peaceful views and ample natural light.
Additionally, there is a half-tiled bathroom featuring a matching white three-piece suite, perfect for relaxation and convenience.
Don't miss out on the opportunity to make this lovely flat your new home or a perfect investment. Contact us now at to register your interest and schedule a viewing.
This property is available now with vacant possession, allowing for a swift and hassle-free move-in process.
Living Room (5.49mx3.66m (18'52x12'20)) Kitchen (2.44mx2.44m (8'77x8'26)) Bedroom 1 (3.96mx3.56m (13'43x11'08)) En-Suite (0.91mx2.13m (3'63x7'70)) Bedroom 2 (3.96mx2.13m (13'65x7'48)) Bathroom (1.83mx2.13m (6'47x7'49))
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 59, Wherry Close, Margate
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