3-bedroom flat · CT9 3PY
For saleListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
MT007 A spacious 3 Bedroom first floor flat in a great location on a tree lined road - with more space on offer than a typical house of similar specification.
This lovely flat has a lot to offer - 3 well sized bedrooms, a spacious lounge, separate kitchen, full size bathroom and a large hallway make up the main accommodation.
In addition, this flat benefits from having a private entrance (no communal area), a dedicated garage and the building design maximises the natural light.
The building is detached with 2 flats only, one on the ground floor and this one on the first floor. Offered in good order, requiring modernisation.
Entering by the secure private entrance, you climb the stairs and arrive in the large open hallway with direct access to all rooms and has a sizeable window to the side.
This hallway is large enough to be purposed as a home working area or a snug.
From here you have 3 bedrooms - 2 full sized doubles and a generous single, a large lounge which is almost square in shape, the large bathroom with shower and bath and the kitchen.
The rooms all feature large windows to maximise natural light and the flat has a feel of space throughout.
More practically, the flat features a modern gas boiler, plenty of storage cupboards and loft access. The location is a real treat.
Northdown Park Road runs uninterrupted from near Northdown Park (the top of Foreland Avenue) through to Dane Park.
Located at the Northdown Park end of the road, this property is located within the tree lined section of the road (by far the prettiest part in our opinion) and so provides excellent access to bus routes, beautiful parks, local shops at Holly Lane and near-by Doctor's surgery and Schools.
The surrounding area is mostly flat and easy to navigate on foot. Offering enough accommodation to rival many houses, internal viewing is highly recommended for this unique and interesting home.
It could be a viable alternative to a bungalow, although being first floor consideration should be made of the potential future need for a stair lift.
Alternatively, as a first home this flat offers an opportunity to obtain a good size and location when compared to houses at similar values.
Viewing by appointment only with the agent, Mark Taylor of Footprints Property Services.
Throughout, the flat has been maintained to a high standard but does require modernisation and some decorative repairs, although there's not a lot to do.
This flat is offered for sale with a share of the Freehold (50%) and no onward chain.
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 Northdown Park Road, Margate
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