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See how verdicts work1-bedroom flat · CT9 3JP
Listing removedListed 173 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Footprints Property is delighted to present this beautifully maintained, modern ground floor purpose-built apartment, situated in the highly desirable Palm Bay area of Margate.
Whether you are looking for a perfect first-time purchase, a peaceful retirement home, or a coastal holiday retreat, this property offers an exceptional lifestyle opportunity.
Location is everything, and this apartment sits on the doorstep of Botany Bay, widely celebrated as one of Thanet’s most picturesque and "coolest" beach destinations.
Residents can enjoy breathtaking clifftop walks stretching toward the vibrant heart of Margate in one direction, or the charming seaside town of Broadstairs in the other.
One of the standout benefits of this home is the private off-street allocated parking space, providing convenience and peace of mind in this popular residential area.
The building is further enhanced by communal well-tended gardens, offering a tranquil outdoor space to enjoy the coastal air without the burden of private maintenance.
Internally, the apartment is well-presented and thoughtfully laid out, featuring a bright living reception, a functional kitchen, and a generous double bedroom.
Viewing is highly recommended to appreciate the quality of the accommodation and the superb coastal position Tenure: Leasehold (120 years remaining) Service Charge: £820 pa Ground Rent: £200 pa
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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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.
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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
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FAQ
About 11, Alkham Close, Margate
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