2-bedroom house · CT9 1UX
For saleReduced £10k (−4.2%) on 18 SepListed 93 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Cooke & Co are delighted to bring to the market this modernised mews-style terrace home, ideal for any buyer looking to simply unpack and enjoy.
Arranged over four floors, the property offers versatile living accommodation and has previously been operated as a successful Airbnb.
Perfectly positioned within easy reach of Margate's vibrant town centre, the property is ideally located for enjoying all that this sought-after coastal town has to offer.
The award-winning Margate Main Sands beach, The Turner Contemporary, the iconic Dreamland amusement park and Margate railway station are all within convenient walking distance, making it an excellent choice for commuters, holidaymakers and those seeking a seaside lifestyle.
Margate's thriving food scene is also right on your doorstep, with a fantastic selection of highly regarded restaurants and cafés nearby, including Angela's, Buoy & Oyster and Sargasso.
An array of independent shops, galleries, creative spaces and cultural attractions further enhance the area's appeal, contributing to Margate's vibrant atmosphere and growing reputation as one of Kent's most desirable coastal destinations.
Accommodation comprises a fitted kitchen and lounge with access to a balcony on the ground floor. Stairs lead down to the lower ground floor, which provides access to the garage.
On the first floor there is a bedroom and bathroom, with a further staircase leading to an additional bedroom on the top floor. An early viewing is highly recommended.
Please contact Cooke & Co or visit our website for further information or to arrange your accompanied visit, or call us on . Entrance Via wooden front entrance door. Stairs leading to first floor.
Stairs to lower ground floor to garage. Kitchen (13'2 x 8'00 (4.01m x 2.44m)) The kitchen is planned with matching wall and base units with complementing worksurfaces.
Inset stainless steel sink unit with drainer and mixer tap. Integrated oven with gas hob and extractor over. Integrated washing machine and fridge. Tiled splash backs. Power points. Radiator.
Double glazed window to front. Lounge (11'2 x 9'7 (3.4m x 2.92m)) Double glazed patio doors to rear leading to balcony. TV point. Phone point.
Balcony (5'10" x 2'1" (1.78m x 0.64m)) Enclosed balcony with room for table and chairs. First Floor Landing Stairs leading to second floor. Storage cupboard.
Doors to: Bedroom One (13'7" x 8'3" (4.14m x 2.51m)) Double glazed window to front. Radiator. Power points.
Bathroom (10'4 x 5'7 (3.15m x 1.7m)) Suite in white comprising p-Shape panelled bath with mains rainfall shower over and glass shower screen. Low level WC. Wash hand basin set into vanity unit.
Fully tiled walls. Heated towel rail. Frosted double glazed window to rear. Cupboard housing boiler. Second Floor Bedroom Two (11'2 x 12.00 (3.4m x 12.00)) Skylight window to front. Radiator.
Power points Eves storage. Garage Located at the rear of the property. Up and over door. Power and lighting.
Value & comps
No previous sales on record.
Returns
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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
FAQ
About 35, Grosvenor Place, Margate
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