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See how verdicts work2-bedroom bungalow · CT9 3YN
No longer listedListed 23 daysAuction 20 Oct · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Strapline Auction Sale - 20/10/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website.
- A two bedroom terraced bungalow in need of modernisation, benefitting from a garden and shed to the rear and a driveway to the front. Conveniently located for the local amenities of Margate.
Vacant Description A two bedroom terraced bungalow. In need of modernisation throughout. Benefitting from a garden and shed to the rear and driveway to the front. Vacant. EPC rating - C.
Location Margate is a town on England’s southeast coast. Upper Balcomb Mews can be accessed via Balcomb Crescent.
There are a range of local amenities close by with a further range of amenities available in Margate centre. Queen Elizabeth The Queen Mother Hospital is approximately 1.8 miles.
Recreational amenities include Dane Valley Woods, Palm Bay Beach, Northdown Park, Dreamland and North Foreland Golf Club.
Transport Margate - South-eastern Broadstairs - South-eastern Accommodation Ground Floor - Two bedrooms, Showeroom/WC, Kitchen, Reception room.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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
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