We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · CT9 2PY
For saleReduced £30k (−10.7%) on 20 JunListed 257 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stunning Sea View Apartment on Margate Promenade with No Onward Chain A rare opportunity to own a bright and beautifully presented ground floor apartment right on Margate’s iconic promenade.
Bathed in natural light through its unique turret window, the apartment offers sweeping views of Margate Bay and a front-row seat to spectacular sunsets, making it the perfect coastal retreat.
Inside, the property offers two well-proportioned bedrooms, including a main bedroom with a walk in wardrobe and uninterrupted sea views.
The contemporary bathroom complements the spacious and airy open plan lounge, kitchen, and dining area, which has been thoughtfully designed to maximise the panoramic coastal vistas and provide an ideal space for entertaining or relaxing.
Just steps from the property, the beach and the famous Walpole tidal pool provide opportunities for refreshing swims, while the nearby Haekels sauna is perfect for warming up afterwards.
The apartment also benefits from immediate access to a variety of cafes, restaurants, and bars, including Cliffs, Picnic, Casa, Streets, and The Tom Thumb, offering the perfect combination of seaside living and local culture.
With no onward chain and a ready-to-move-in interior, this apartment presents an exceptional chance to enjoy the best of Margate’s coastal lifestyle.
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 £100 (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 Cliftonville is a coastal area in the town of Margate, situated to the east of the main town and mainly occupies Georgian and Victorian properties.
The area itself is within easy walking distance of the 'Margate Old Town', Turner Contemporary Art Gallery and the Margate railway station which is approximately 2 miles away and offers fast services to Kings Cross, St.
Pancras. There are also good road links to London via the A299 Thanet Way and M2 Motorway.
Entrance Entrance Hall Bathroom Bedroom (9' 11" x 8' 11") Bedroom (21' 4" x 8' 7") Lounge/Kitchen/Diner (22' 0" x 18' 6")
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
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FAQ
About Apartment 18, Endcliffe Apartments,, First Avenue, Margate
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