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See how verdicts work2-bedroom flat · CT9 4BP
For saleReduced £10k (−5.9%) on 5 OctListed 115 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the charming area of Wherry Close, Margate, this delightful top floor two-bedroom apartment offers a perfect blend of comfort and convenience.
Upon entering, you are greeted by a spacious open plan kitchen, lounge, and dining area, which is bathed in natural light thanks to the patio doors leading to a lovely Juliet balcony.
This inviting space is ideal for both relaxation and entertaining. The apartment boasts two generously sized double bedrooms, ensuring ample space for rest and privacy.
The master bedroom features an en-suite shower room, while a well-appointed family bathroom serves the second bedroom and guests alike.
The property is presented in excellent condition throughout, making it a move-in ready home for its new owners.
Situated conveniently close to the Westwood Cross shopping centre, residents will enjoy easy access to a variety of shops, restaurants, and amenities.
Additionally, the property benefits from an allocated parking space, a valuable asset in this desirable location.
The well-kept development also features a communal garden, providing a pleasant outdoor space for relaxation and socialising.
Furthermore, the lease will be renewed to an impressive 180 years prior to the completion of the sale, offering peace of mind for future homeowners.
This apartment is an exceptional opportunity for those seeking a modern and well-located residence in Margate. Don’t miss the chance to make this lovely property your new home.
Council Tax Band B Service Charge is £1420 pa Ground Rent is £275 pa Leasehold - 80 years Remaining - will be renewed to 180 years Mains water, sewer, electricity and gas with gas central heating Fixed wireless broadband
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 9, Wherry Close, Margate
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