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See how verdicts work3-bedroom flat · CT9 1RX
For saleReduced £20k (−10.5%) on 20 AugListed 108 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the sought-after seafront in the vibrant and ever-popular Cliftonville area, this well-proportioned lower ground floor flat offers an excellent opportunity for both investors and those seeking a coastal retreat.
The property benefits from its own private entrance and comprises a spacious lounge, a separate kitchen, three good-sized bedrooms, and a family bathroom.
To the rear, there is a courtyard garden providing useful outside space.
Ideally located within easy reach of local shops, the Old Town, and the mainline station, the property combines convenience with seaside living.
Offered to the market with no forward chain, this would make an ideal buy-to-let investment or holiday home.
The flats comes with a share of freehold and the seller has confirmed the lease will be extended as part of the sale.
Agents note - All the images shown are prior to the current tenants occupancy, so not accurate to how it looks today. We are also advised that the furniture will be included within the sale price.
Material Information Construction Type/Materials: To Follow Broadband Coverage: To check broadband and mobile phone coverage please visit Ofcom here: These property details are yet to be approved by the vendor.
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 Cliftonville is a desirable coastal district of Margate, located to the east of the town centre and characterised predominantly by its elegant Georgian and Victorian architecture.
The area enjoys a convenient position within easy walking distance of Margate Old Town, the Turner Contemporary art gallery, and Margate railway station (approximately two miles away), which offers high-speed services to London St Pancras and connections into King’s Cross.
Cliftonville is also well placed for a range of notable nearby landmarks and attractions, including the historic Shell Grotto, the Winter Gardens, and the scenic Walpole Bay tidal pool-one of the largest of its kind in the UK.
Palm Bay and the Viking Coastal Trail are also close by, offering attractive seafront walks and cycling routes.
In addition, the area benefits from good road connectivity, with direct access to London via the A299 Thanet Way and the M2 motorway, making it both accessible and well connected.
Entrance Hall Leading to: Lounge (16' 8" x 14' 7") Kitchen (10' 9" x 8' 0") Bathroom (6' 1" x 6' 0") Bedroom (13' 7" x 8' 3") Bedroom (12' 0" x 7' 8") Bedroom (13' 0" x 6' 0") Patio Small courtyard area
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
FAQ
About Basement Flat, 7, Ethelbert Terrace, Margate
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