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See how verdicts work1-bedroom flat · CT9 1SB
Sold STCReduced £20k (−16.7%) on 20 JunListed 187 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stylish One-Bedroom Apartment with Open-Plan Living and Excellent Location Being Sold Chain Free Introducing this well-presented one-bedroom apartment, ideally located in a highly sought-after area and offered with vacant possession and no onward chain-making it an excellent opportunity for first-time buyers and investors alike.
The accommodation is thoughtfully designed, featuring a bright and spacious open-plan living area that seamlessly combines lounge, dining, and kitchen spaces-ideal for both relaxing and entertaining.
The contemporary kitchen is fully fitted with modern appliances and generous worktop space, creating a practical and stylish focal point.
The double bedroom is well-proportioned and benefits from built-in storage, while the layout provides a comfortable separation from the main living space.
A modern bathroom suite completes the accommodation.
The property is conveniently situated close to a wide range of local amenities, including shops, cafés, and restaurants, along with excellent transport links offering easy access to the city centre.
Nearby green spaces provide further appeal for outdoor enjoyment. Additional benefits include a long lease, ensuring peace of mind and long-term security.
With its modern finish, efficient layout, and prime location, this apartment is not to be missed. Early viewing is highly recommended.
Identification checks If an offer is accepted on a property marketed by Miles & Barr, all purchasers are required to complete id verification checks.
This is a legal obligation under Anti-Money Laundering Regulations. We use a specialist third-party company to carry out these checks.
The fee is £60 (including VAT) per person or £120 (including VAT) if purchasing under a company name, payable once the offer is agreed and before the sales memorandum is issued.
Please note that this charge is non-refundable.
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 Hall Leading to: Lounge (15' 11" x 12' 9") Kitchen (8' 3" x 7' 7") Bedroom (12' 10" x 9' 8") Bathroom (7' 10" x 7' 9")
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Flat 3 Kathleen Court, 28-30, Ethelbert Road, Margate
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