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See how verdicts work1-bedroom flat · CT9 1LH
For saleListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Offered to the market chain free, this exciting investment opportunity boasts an impressive current gross rental yield of 10.2% and presents fantastic potential for investors looking to maximise their returns.
Requiring only some basic cosmetic modernisation, this generously proportioned one bedroom lower ground floor apartment offers surprisingly spacious accommodation, complemented by its own charming courtyard garden, a peaceful, tucked away spot rarely found at this price point.
Location is another huge selling point.
Perfectly positioned within walking distance of both Margate's vibrant seafront and the Queen Elizabeth The Queen Mother Hospital (qeqm), the property is ideally situated to appeal to a broad rental market.
The apartment includes first-come, first-served parking, adding another practical advantage to this attractive investment and although its detailed as lower ground the light and level in which it sits could be considered ground.
Chain free, spacious, superbly located and already delivering a 10.2% gross yield - this is an opportunity investors should not overlook. Early viewing is highly recommended!
* Virtual staging disclaimer Some images within this listing have been digitally enhanced or virtually staged to illustrate the property's potential.
Furniture, décor, and accessories shown in these images are for visualisation purposes only and are not included in the sale or tenancy.
While every effort has been made to represent the property accurately, prospective tenants or buyers should rely on their own inspection to confirm layout, size, and condition.
Council Tax Band: A (Thanet) Tenure: Leasehold (152 years) Ground Rent: £0 per year Service Charge: £600 per year
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
FAQ
About Flat 1, 26 Vicarage Crescent, Margate
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