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 2ER
For saleReduced £15k (−10%) on 26 OctListed 496 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located on the popular Dalby Square, close to the sea front as well as Northdown Road and its eclectic selection, of shops, cafes, galleries and bars.
This good sized two bedroom flat offers good sized accommodation with Living room, kitchen and a family bathroom along with central heating and double glazing.
The Old Town is also close by with the Railway station just being across the far side of the main sands. This flat would make a great first home, buy to let or holiday home. No Chain.
AGENTS NOTE - The seller is prepare ( subject to offer ) to extend the lease by a further 99 years in order to reduce the cost of the ground rent to peppercorn in order to satisfy mortage lenders.
There is now also a right to manage in place.
Identification checks Should a purchaser(s) have an offer accepted on a property marketed by Miles & Barr, they will need to undertake an identification check.
This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service to verify your identity.
The cost of these checks is £60 inc. VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances.
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 8' 0" x 5' 6" Bedroom 11' 1" x 9' 6" Bedroom 9' 8" x 14' 10" Lounge/Diner 10' 7" x 18' 9" Kitchen 10' 2" x 10' 4"
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 Dalby Square, Cliftonville, Margate, Kent, CT9
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