2-bedroom flat · CT9 1SG
For saleReduced £2.5k (−2.1%) on 21 SepListed 67 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Priced to sell-vacant & chain free Top Floor within Gated Development Leasehold 163 Years Remaining Service Charge £1500 pa Ground Rent £150 pa This well-presented two-bedroom top floor apartment is offered to the market vacant and chain free, making it an ideal purchase for first-time buyers, downsizers, or investors seeking a property with strong rental potential (anticipated at £1,100 per calendar month).
The property features a spacious open plan living, kitchen, and dining area, creating a bright and versatile space for both relaxation and entertaining.
The kitchen is fitted with modern units and integrated appliances, while the living area benefits from large windows that provide ample natural light.
Both bedrooms are generously sized, with the main bedroom offering built in wardrobes. The bathroom is finished to a contemporary standard, featuring a white suite with a shower over the bath.
The apartment benefits from a long lease with 163 years remaining, and is rated Council Tax Band B and EPC C (potential C), ensuring energy efficiency and manageable running costs.
Ground rent is set at £150 per annum, with a service charge of £1,500 per annum, providing peace of mind for prospective owners.
Externally, the property benefits from well-maintained gated communal grounds and an allocated parking space, providing convenience and security for residents.
The development is set within a quiet residential area and there is easy access to local amenities, public transport links, and green spaces, making it an excellent location for commuters and those who enjoy an active lifestyle.
With no balcony, the focus is on the practical benefits of the allocated parking and walking distance to parks and harbour.
This apartment presents a fantastic opportunity for buyers seeking a modern, low-maintenance home in a sought-after location.
Early viewing is highly recommended to appreciate all that this property has to offer. Nb.
In accordance with Section 21 of the Estate Agent Act 1979, we declare that there is a personal interest in the sale of this property. The property is being sold by Director’s of Move Places Ltd.
A Buyer’s Reservation Fee, which forms part of the purchase price, will apply. Please contact branch for more information. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Mp has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Mp has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
EPC Rating: C Location Flat 20, Martony Court Dane Road, Margate - CT9 1SG Parking - Allocated Parking
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.
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About Flat 20, Martony Court Dane Road, Margate
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