Modern Method of Auction
Auction date not yet published
2-bedroom flat · CT9 1XP
For saleListed 29 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 £27,000 plus Reservation Fee.
Stunning Seafront Apartment with Panoramic Sea Views and No Onward Chain Situated within the iconic Arlington House on Margate's sought-after seafront, this spacious two-bedroom apartment offers breathtaking sea and sunset views across the coastline.
One of the larger styles within the building, the property presents an excellent opportunity for buyers looking to create a superb seaside home or investment.
The accommodation comprises two double bedrooms, a bathroom, and a bright open-plan kitchen/living area where the stunning coastal outlook can be fully appreciated.
While some updating is required, the apartment offers fantastic potential and is available with no onward chain.
Perfectly positioned for Margate railway station, the beach, Old Town, and the array of cafés, restaurants, and amenities the town has to offer, this is a rare opportunity to secure a spacious seafront home in a prime location.
Viewing is highly recommended. 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 £300 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 £7,080 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.
Material Information Construction Type/Materials: To Follow Broadband Coverage: To check broadband and mobile phone coverage please visit Ofcom here: Vendor is yet to approve these details Identification checks If an offer is accepted on a property marketed by Miles & Barr, all purchasers are required to complete id verification checks.
This is a legal obligation under Anti-Money Laundering Regulations. We use a specialist third-party company to carry out these checks.
The fee is £60 (including VAT) per person or £120 (including VAT) if purchasing under a company name, payable once the offer is agreed and before the sales memorandum is issued.
Please note that this charge is non-refundable.
Location Situated in the ever-popular seaside town of Margate, this property benefits from a vibrant coastal setting encompassing the desirable areas of Cliftonville, Garlinge, Palm Bay, and Westbrook.
Margate is renowned for its unique blend of culture, leisure, and seaside charm.
The town is home to the acclaimed Turner Contemporary gallery and the iconic Dreamland amusement park, offering a wide range of entertainment options.
Margate also boasts excellent high-speed rail links to London, making it an attractive choice for commuters.
Residents can enjoy beautiful sandy beaches and picturesque bays, perfect for relaxing and outdoor activities.
The neighbouring towns of Broadstairs, Ramsgate, and Birchington are all within approximately a 10-minute drive, providing additional amenities and coastal attractions.
There are also excellent road connections via the A299 Thanet Way and M2 motorway, ensuring convenient access to London and beyond" Entrance Hall Kitchen (7' 2" x 11' 2") Living Room (15' 0" x 15' 1") Bathroom Bedroom (17' 0" x 9' 8") Bedroom (11' 9" x 11' 2")
Value & comps
No previous sales on record.
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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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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 Flat 2G, Arlington House,, All Saints Avenue, Kent
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