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See how verdicts work2-bedroom bungalow · CT9 3EU
For saleListed 13 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Cooke & Co are delighted to bring to the market this two-bedroom terrace bungalow located on the ever-popular Palm Bay Estate, set in a quiet cul-de-sac.
The property is in need of modernisation, offering buyers the opportunity to update it to their own taste.
This spacious bungalow offers light and bright accommodation throughout, comprising a welcoming hallway, a generous lounge/diner, sunroom, kitchen, a bathroom and a separate WC, along with two good-sized bedrooms.
The property benefits from a secluded low-maintenance garden with convenient rear access leading to the garage en-bloc.
Palm Bay is a popular residential area, appreciated for its coastal setting, open green spaces and relaxed atmosphere.
The nearby clifftop walks provide an opportunity to enjoy the sea views, while the sandy beaches at Palm Bay and Botany Bay are ideal for making the most of life by the coast.
Northdown Park is also within easy reach, offering further space for walks and recreation.
This bungalow is ideal for those looking to downsize or anyone seeking convenient access to local amenities, including bus routes and convenience stores, with the shops and eateries of Cliftonville and Margate available further afield.
These highly sought-after bungalows typically generate strong interest, so we would urge you to book your accompanied viewing early.
Why not call Cooke & Co today or visit our website for more information. Entrance Double-glazed door into: Porch Double-glazed windows with to sides and front.
Single-glazed wooden door into: Hallway Radiator. Power points. Cupboard housing gas and electric meter and fuse box. Access to loft with ladder.
Doors to: Lounge / Diner (16'1 x 15'2 (4.9m x 4.62m)) Double-glazed windows to rear. Double-glazed French door to rear leading to garden. Radiator. Power points. Fireplace.
Double-glazed door to: Sun Room (8'1 x 6'2 (2.46m x 1.88m)) Double-glazed windows to rear and side. Double-glazed door to rear leading to garden.
Kitchen (10'6 x 9'1 (3.2m x 2.77m)) Matching wall and base units with complementary work surfaces. 1 1⁄2 bowl sink unit with mixer tap and drainer unit. Space for oven with extractor fan oven.
Space for fridge freezer. Space and plumbing for washing machine. Wall-mounted boiler. Power points. Double glazed window to front. Bedroom (15'2 x 10'7 (4.62m x 3.23m)) Double-glazed windows to rear.
Radiator. Power points. Built-in wardrobes. Cupboard housing immersion tank. Bedroom (10'9 x 7'6 (3.28m x 2.29m)) Double-glazed window to front. Radiator. Power points.
Bathroom (5'4 x 4'6 (1.63m x 1.37m)) Panelled bath with mixer tap. Wash hand basin. Partially tiled. Radiator. Double-glazed frosted window to front. Cloakroom (5’0 x 2’6) Low-level WC.
Partially tiled. Double glazed frosted window to front. Rear Garden Mainly laid to pave. Rear gate. Garage En-Bloc Up and over door.
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
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FAQ
About 20, Luckhurst Gardens, Margate
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