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See how verdicts work2-bedroom flat · CT9 1LY
For saleReduced £20k (−12.5%) on 23 OctListed 59 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on Princes Crescent in Margate, this well-positioned two-bedroom maisonette offers well-proportioned accommodation, a private courtyard garden and the benefit of a private entrance.
The property is also within walking distance of Margate Old Town, making it an excellent choice for a first-time buyer or investor.
Upon entering through the private front door, stairs lead up to the first-floor landing.
From here, a door opens into the lounge, a generous reception room which provides access through to the inner hallway. From the hallway, the accommodation is arranged in a practical sequence.
The first door on the left leads into the kitchen, followed by the bathroom.
Further along is the second, smaller bedroom, while the main bedroom is situated at the end of the hallway, providing a good degree of separation from the principal living space.
The hallway also provides access to the property's private outdoor space.
A rear door opens onto wooden steps leading down to the private courtyard garden, creating a pleasant and secluded area for outdoor seating, entertaining or relaxing.
The property benefits from oak doors throughout, as well as gas central heating with a boiler installed within the last five years.
It is also being sold with a generous lease, adding to its appeal for both owner-occupiers and investors. For those with a vehicle, local parking permits apply under Section A for Margate.
With its private entrance, two-bedroom layout, private courtyard garden and convenient location within walking distance of Margate Old Town, this maisonette presents an attractive opportunity for a first-time buyer or investment purchaser.
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
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FAQ
About 32, Princes Crescent, Margate
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