1-bedroom terraced house · CT9 2JX
Listing removedListed 234 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Cooke & Co are pleased to offer this one-bedroom retirement apartment to the market, located on the second floor and benefiting from a balcony and direct sea views from the lounge, kitchen and bedroom.
The property has been newly carpeted and redecorated throughout, offering a fresh and well-presented interior ready for immediate occupation.
Designed for those over 60, the development provides a variety of resident facilities, including a laundry room, communal lounge, gardens and a mobility scooter storage area.
Internally, the apartment comprises an entrance hallway, a spacious lounge/diner, fitted kitchen, double bedroom and a bathroom/wet room.
The balcony is accessed from the lounge/diner, providing a private space to relax and enjoy the coastal outlook.
The apartment is ideally located close to local amenities, including a doctor's surgery and bus routes, and is offered with No Forward Chain.
Built circa 2007, the development offers additional benefits such as subsidised meals for residents, a guest suite, a house manager, an emergency call system and cleaning assistance.
Why not call us today to arrange an accompanied viewing or visit our website for more information: Hallway Emergency pull cord. Power points.
Built-in storage cupboard housing immersion tank, fuse box and electric meter. Doors to: Lounge / Diner (20'3 x 10'8 (6.17m x 3.25m)) Storage heater. Power points. Emergency pull cord.
Television point. Double-glazed window to rear. Double-glazed door to rear leading onto balcony.
Double doors leading to: Kitchen (8' x 7'6 (2.44m x 2.29m )) Matching wall and base units with complementary work surfaces. Inset stainless steel sink unit with mixer tap and drainer.
Integrated oven and hob with extractor fan over. Integrated fridge and freezer. Double-glazed window to rear with sea view. Bedroom (15'1 x 10 (4.6m x 10)) Double-glazed window to rear with sea view.
Power points. Television point. Telephone point. Storage heater. Built-in wardrobes. Emergency pull cord. Bathroom / Wet Room (9'4 x 8'8 (2.84m x 2.64m)) Sink set into vanity unit. Panelled bath.
Mains shower. Low-level WC. Extractor fan.
Leasehold Information The vendor has confirmed the following re the lease: The service charge is £7.997 .00 per annum The ground rent is £202.50 every 6 months The lease is 125 years from 1 July 2006, leaving 105 years remaining
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 47 Darwin Court, Harold Road, Margate
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