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See how verdicts work1-bedroom flat · CT9 2EP
Sold STCReduced £5k (−3.1%) on 27 JunListed 170 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented one-bedroom split-level flat set within an attractive period building, offering a perfect blend of character and modern living.
The property comprises a welcoming entrance hall leading through to a bright and spacious lounge, a separate fitted kitchen, and a contemporary bathroom finished to a high standard.
Stairs rise to the upper level where you'll find a generous double bedroom, creating a well-defined and private sleeping space.
Further benefits include a long lease, making this an excellent opportunity for both first-time buyers and investors alike.
Ideally positioned just a stone's throw from the seafront, the property also enjoys close proximity to Northdown Road with its vibrant parade of shops, cafés, and local amenities.
All of this and the added benefit of No Onward Chain! Early viewing is highly recommended to fully appreciate all that this charming home has to offer. Communal Entrance Hall Stairs to first floor.
Entrance Hall Cupboard housing meters. Entry phone. Stairs to second floor. Power points. Bathroom (7'8 max x 6'3 (2.34m max x 1.9m)) Bath with shower over top, including rainfall shower.
Low level WC. Wash hand basin. Heater towel rail. Tiled floor. Double glazed window to side. Lounge (14'3 x 8'5 (4.34m x 2.57m)) Double glazed to side. Power points. Radiator. Door to..
Kitchen (8'9 x 7'2 (2.67m x 2.18m)) Range of walk and base units. Integral oven and hob. Space to under counter fridge. Space for washing machine. Cupboard housing wall mounted boiler. Power points.
Double glazed windows to side. Landing Double glazed sash window to side. Bedroom (13'1 x 11'2 (3.99m x 3.4m)) Double glazed sash window to rear. Radiator. Power points. Storage cupboard.
Leasehold Information The lease is 150 years from 25 March 1993, leaving 116 years remaining. The vendor advises the ground rent is £200 per annum and the service charges are £391.42 per quarter
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 5,33, Dalby Square, Margate
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