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See how verdicts work2-bedroom house · CT9 2TT
For saleReduced £20k (−7.7%) on 25 OctListed 62 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
On the face of it, this is a pretty straightforward two-bedroom, early-1970s mid-terrace. It’s lying to you. Because once you walk through the front door, the house starts to make a lot more sense.
The current owners have recently added a superb ground-floor extension across the rear, completely transforming the living space.
They’ve taken a fairly conventional house and created a really cool, contemporary kitchen/dining/entertaining space that opens straight out onto the garden.
The kitchen is fully fitted, modern and stylish, with proper room to eat, cook, entertain and generally live in — rather than just stand around wondering where to put the toaster.
The rest of the house is in very good order too, with two bedrooms and a bathroom upstairs.
Outside, the rear garden is deliberately low-maintenance: patio, artificial lawn and very little opportunity to spend your Sunday afternoon fighting with a mower.
Ideal if you like the idea of a nice garden more than actually maintaining one. Location-wise, Cedar Close sits in that useful bit between Margate and Cliftonville.
Cliftonville is an easy walk away, with an ever-growing collection of independent cafés, restaurants, bars and places that seem to appear every five minutes.
Margate itself is a little further on, while schools and everyday amenities are close by too. And then there’s the bonus: a garage is included.
With garages locally often commanding serious money on their own, that adds another genuinely useful dimension.
A deceptive little house, a much better interior than you’d expect, and in our view, very difficult to argue with in terms of value for money.
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
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FAQ
About Cedar Close, Margate, CT9
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