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 work1-bedroom flat · CT9 2JX
No longer listedReduced £10k (−25%) on 20 JunListed 315 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Second floor one bedroom retirement flat for over 60's in a convenient location and no chain. Some updating required.
24 hour management and on site assistance, beautiful communal gardens, restaurant with a heavily subsidised food menu and if you want to you can even order room service.
Secure and gated off road parking. The location is spot on, walking distance to bus routes and Margate beaches where you can sit with friends and family admiring the amazing sunsets.
Please refer to the footnote regarding the services and appliances.
Room sizes: Hallway Lounge/Diner 20'1 x 11'4 (6.13m x 3.46m) Kitchen 9'2 x 6'11 (2.80m x 2.11m) Bedroom 18'4 x 9'3 (5.59m x 2.82m) Wet Room 9'6 x 8'10 (2.90m x 2.69m) Communal Garden The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
We are pleased to offer our customers a range of additional services to help them with moving home. None of these services are obligatory and you are free to use service providers of your choice.
Current regulations require all estate agents to inform their customers of the fees they earn for recommending third party services.
If you choose to use a service provider recommended by Wards, details of all referral fees can be found at the link below.
If you decide to use any of our services, please be assured that this will not increase the fees you pay to our service providers, which remain as quoted directly to you.
Council Tax band: B Tenure: Leasehold Annual ground rent: £ 405 Annual service charge: £ 7997 Years remaining on lease: 105
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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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 Harold Road, Margate
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