1-bedroom terraced house · CT9 1BT
Listing removedListed 282 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tucked away behind wrought iron gates, this exclusive development of just nine properties was converted approximately thirteen years ago and presents an excellent opportunity for buyers seeking a prime Old Town location.
The accommodation is arranged over two floors, comprising an open-plan living room and kitchen on the ground floor.
Upstairs, there is a well-proportioned double bedroom featuring a Juliette balcony, along with a modern bathroom.
Externally, the front of the development offers a block-paved area for the exclusive use of residents.
Margate is well known for its attractive coastline, distinctive architecture, and flourishing cultural scene.
The historic Old Town is the heart of the town, with its winding streets, character buildings, and a vibrant mix of independent cafés, restaurants, galleries, and boutique shops.
It's an ideal spot for leisurely walks and soaking up the unique atmosphere of this sought-after seaside destination.
Offered with no onward chain, this property would make an ideal first-time purchase, holiday home, or Airbnb investment. Call us today to arrange your priority viewing, or visit for more information.
Entrance Via wrought iron gates into block paved communal front garden area with door to... Lounge / Kitchen (16' x 11'6 (4.88m x 3.51m)) Double-glazed sash windows to the front. Electric radiator.
Power points. Under-stairs cupboard housing plumbing for a washing machine. Kitchenette Matching wall and base units with complementary work surfaces.
Inset stainless steel sink with drainer and mixer tap. Splashback tiling. Integrated oven and hob with extractor fan over. Space for fridge. Landing Access to loft housing immersion tank. Doors to.
Bedroom (12'5 x 12' (3.78m x 3.66m)) Double-glazed French doors to the front with Juliette balcony. Electric heater. Power points. Bathroom (6'6 x 4' (1.98m x 1.22m)) Bath. Electric towel heater.
Low level WC. Wash hand basin. Extractor fan.
Agents Notes The vendor informs us that all of the owners have formed a management company, Annual costs are £200 a year which pays for the upkeep of the communal gardens to the front.
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 9, Reeves Yard, Margate
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