3-bedroom flat · CT9 2JU
Listing removedReduced £20k (−6.7%) on 2 SepListed 174 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Looking for the Margate culture but a London feel? This generously proportioned three bedroom first floor apartment is situated on Warwick Road in the resurgent Cliftonville area of Margate.
The flat is huge! Larger than average with original features and boasts a large private garden to the rear with mature trees and shrubs providing some much-desired privacy.
The internal accommodation starts on the ground floor with a private hallway and stairs leading up to a split-level landing, lounge, kitchen (with external side door leading down to the garden), three bedrooms and bathroom.
The flat offers generous ceiling heights and classic period touches, typical of the era.
The property is share of freehold with maintenance/upkeep costs split between the two flats in the building, so there is no service charge or ground rent to pay.
This part of Warwick Road boasts a distinctly coastal, residential feel, yet is still within a short walking distance of Cliftonville's trendy cafes and shops.
The area is characterised by period homes and a peaceful yet vibrant atmosphere.
Also, the Turner Contemporary and 'Old Town' with its piazza, restaurants, cafes, and reinvigorated harbour are all around a twenty-minute walk away.
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
Agent & docs
FAQ
About 39,2, Warwick Road, Margate
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