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See how verdicts work2-bedroom flat · CT9 1EZ
For saleReduced £20k (−11.1%) on 26 OctListed 71 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stunning Two-Bedroom Flat with Direct Sea Views Over Margate Harbour Miles and Barr are excited to present this charming two-bedroom flat located on the first floor of the prestigious Royal York Mansions, an elegant and sought-after building in Margate.
The property features two spacious bedrooms, a modern bathroom, a comfortable living area, and a well-equipped kitchen.
The flat combines stylish, classic features with contemporary comforts, creating a perfect space to relax and unwind, all while enjoying breathtaking direct sea views over Margate Harbour.
Royal York Mansions is ideally situated, offering easy access to local shops, bars, and restaurants, as well as scenic views of the surrounding area.
Margate Train Station is also within close reach, making it a great option for commuters.
Offered with no onward chain, this property provides a fantastic opportunity for those seeking a smooth and hassle-free move.
EPC Rating B Material Information Construction Type/Materials: To Follow Broadband Coverage: To check broadband and mobile phone coverage please visit Ofcom here: Identification checks If an offer is accepted on a property marketed by Miles & Barr, all purchasers are required to complete id verification checks.
This is a legal obligation under Anti-Money Laundering Regulations. We use a specialist third-party company to carry out these checks.
The fee is £60 (including VAT) per person or £120 (including VAT) if purchasing under a company name, payable once the offer is agreed and before the sales memorandum is issued.
Please note that this charge is non-refundable. Location: Margate is a fantastic seaside town and contains the areas of Cliftonville, Garlinge, Palm Bay and Westbrook.
The energy surrounding Margate is excellent, it holds the likes of a world class Art Gallery, the UK's original pleasure park 'Dreamland', fast Rail links into London and of course not forgetting the stunning sandy beaches and sparkling bays.
You are within a 10 minute drive to the neighbouring towns which are Broadstairs, Ramsgate and Birchington. There are also good road links to London via the A299 Thanet Way and M2 Motorway.
Hallway Living / Diner (18' 8" x 12' 6") Kitchen (12' 1" x 8' 6") Bedroom (10' 8" x 7' 4") Bedroom (22' 3" x 12' 11") Bathroom (9' 1" x 6' 10")
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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 Royal York Mansions, Flat 2, The Parade, Margate
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