1-bedroom flat · CT9 3PR
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This delightful top-floor retirement apartment at Queen Elizabeth Lodge offers the perfect combination of comfort, convenience and coastal living.
Ideally positioned at the end of the High Street, the property enjoys wonderful sea views and easy access to a variety of local amenities, shops and supermarkets, including a Tesco Extra conveniently located directly opposite.
The bright and spacious living and dining room is flooded with natural light from a large window that also provides a lovely view of the sea.
This inviting space is ideal for both relaxing and entertaining.
The well-appointed kitchen offers a range of eye and base-level units, providing ample storage and worktop space, together with a built-in waist-height oven, four-ring electric hob, fridge and freezer.
The generously proportioned double bedroom benefits from mirrored built-in wardrobes, offering excellent storage while maintaining a light and airy feel.
The shower room has been thoughtfully designed with ease of use in mind, featuring a spacious shower enclosure with fitted handrails, a WC and hand basin.
Residents enjoy an excellent range of communal facilities, including a residents' laundry room, lift access to all floors and beautifully maintained communal gardens.
A dedicated Lodge Manager oversees the day-to-day running of the development and regular social activities are held in the Owners' Lounge.
For added peace of mind, the development benefits from an emergency Careline system, intruder alarms and a secure video door entry system.
A guest suite is also available for visiting friends and family, providing additional convenience for residents.
Combining a superb central location, delightful sea views, excellent communal facilities and a friendly, supportive environment, this charming retirement apartment presents a wonderful opportunity to enjoy a relaxed, comfortable and independent lifestyle in a welcoming coastal community.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Laleham Gardens, Margate
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