2-bedroom bungalow · CT9 5PY
Listing removedListed 268 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by Modern Method of Auction; Starting Bid Price £260,000 plus Reservation Fee.
A good sized two bedroom detached bunalow with handy additional loft room in need of a little updating in great location.
The genrous accommodation consists of two doubl bedrooms a large living room, Dining area, kitchen and utility room along with a bathroom and handy loft room.
There is an enclosed generous rear garden along with a a garage and driveway.
No Chain Auctioneer Comments This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The buyer will pay £349 inc VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £7080 inc VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.
These services are optional. Identification checks Should a purchaser(s) have an offer accepted on a property marketed by Miles & Barr, they will need to undertake an identification check.
This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service to verify your identity.
The cost of these checks is £60 inc. VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances.
Location Westbrook/Garlinge is a popular residential area which is close to local schools, shops and public transport making it a great place for families to reside in.
You are within easy access to the shops and sandy beaches in both Westgate and Margate. Both towns also have a mainline railway station providing a regular service to London.
The area boasts a number of highly regarded schools in both the public and private sectors. There are also good road links to London via the A299 Thanet Way and M2 Motorway.
Entrance Entrance Hall Lounge (11' 5" x 21' 6") Kitchen (6' 9" x 17' 10") Dining Room (8' 11" x 11' 0") Bathroom Bedroom (10' 5" x 11' 10") Bedroom (10' 5" x 15' 7") Exterior Front Garden Garage Rear Garden
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 17, Garrard Avenue, Kent
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