2-bedroom house · CT9 4AX
For saleListed 124 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ideal First Time Buy Located in Margate Key features: Ideal First Time Buy Lounge and Spacious Family Room Two Double Bedrooms Downstairs WC Well Maintained by Current Owners Close Proximity of qeqm Hospital This terrace home is a fantastic first time buy, downsize or investment opportunity and has been well maintained by the current owners.
The accommodation consists of an entrance hall, lounge, kitchen and extended dining room/family room to the rear ideal for entertaining or everyday family life. There is also a downstairs WC.
On the First floor you will find, two double bedroom and the family bathroom.
Externally there is a sunny garden to the rear whilst to the front there is potential for off street parking subject to the relevant planning and addition of a dropped kerb.
Margate is an ever popular seaside town and boasts the likes of a world class Art Gallery, the UK's original pleasure park 'Dreamland', High Speed Rail links into London and of course the stunning sandy beaches.
You are within a 10 minute drive to the neighbouring towns of Broadstairs, Ramsgate and Birchington. There are also good road links to London via the A299 Thanet Way and M2 Motorway.
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 74, Perkins Avenue, Margate
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