2-bedroom house · CT9 3EF
Sold STCListed 42 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO FORWARD CHAIN - WELL PRESENTED TWO BEDROOM BUNGALOW LOCATED JUST A SHORT DISTANCE FROM PALM BAY'S PICTURESQUE BEACHES AND CLIFF TOP WALKS This well presented and generous size home is located within a few hundred metres of the beautiful sandy beaches and cliff top walks at Palm Bay and within easy reach of the local shops, bars and restaurants at Palm bay and Kingsgate.
The property is located on a bus route providing good transport links to both Margate & Broadstairs.
The accommodation of this home comprises an entrance porch, welcoming L shaped entrance hall, 21'10" Kitchen/Diner with access to a decked inner court yard, lounge with double glazed French doors to the garden, two bedrooms and a modern fitted shower room.
Externally this home boasts a well maintained rear gardens and a large predominantly lawned front garden with a shingled area.
To book your viewing appointment call the sole agents Terence Painter on Entrance Access into the property is via a part glazed composite front door with side light.
Entrance Porch 1.59m x 1.10m (5' 3" x 3' 7") There is tiled flooring and a glazed wooden door to the entrance hall.
Entrance Hall This is an L shaped entrance hall with a radiator, loft hatch and tiled flooring. There are doors leading off to the bedrooms and bathroom.
There is an open doorway to the kitchen/diner.
Kitchen/Diner 6.68m x 3.84m (21' 11" x 12' 7") This well defined room features double glazed French doors to the inner decked terrace area, door to the lounge and a double glazed window and door to the rear which provides access to the garden.
The kitchen comprises a matching range of shaker style wall, base and drawer units with an integrated electric oven/grill, wine fridge and ceramic hob with an extractor hood over.
There is space and plumbing for a washing machine and dishwasher, wall mounted combination boiler, stainless steel sink unit inset to wood effect work tops, breakfast bar and localised wall tiling.
This room also features a radiator, down lights and tiled flooring with underfloor heating. There is ample space for a dining table and chairs.
Inner Courtyard Terrace Accessible via double glazed French doors, this decked terrace area provides a private outside dining or seating area.
Lounge 3.64m x 3.56m (11' 11" x 11' 8") There are double glazed French doors to the rear providing direct access to the rear garden, high level window to the inner courtyard terrace area, feature electric fireplace, radiator, media points and carpet flooring.
Bedroom One 4.29m x 3.00m (14' 1" x 9' 10") There is a high level window to the inner courtyard terrace area, radiator and carpet flooring.
Bedroom Two 2.81m x 2.52m (9' 3" x 8' 3") There is a high level window to the inner courtyard terrace area, radiator and carpet flooring.
Bathroom 1.95m x 1.68m (6' 5" x 5' 6") This fully tiled shower room features two frosted double glazed windows to the front of the property, large shower cubicle, low level w.c and wash hand basin inset to a vanity unit with fitted mirror over, ladder style towel radiator, extractor, down lights and tiled flooring.
Rear Garden This well maintained garden features a paved patio area immediately to the property with steps up to a lawned garden. There is a timber shed, outside tap and lighting.
Front Garden To the front of the property is a large lawned area with a seperate shingles area. Council Tax The council tax band is B.
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
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FAQ
About Princess Margaret Avenue, Margate, CT9
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