4-bedroom flat · CT9 2QN
For saleReduced £60k (−24%) on 24 SepListed 328 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Miles and Barr are delighted to offer this four bedroom apartment in Northdown Road, Margate.
Frankly an enormous home at 1636sqft, with wonderful features - bay windows, high ceilings, fireplaces, wooden floors and large rooms.
The accommodation consists of - entrance hall, kitchen breakfast room with a good range of wall and base units, modern bathroom, separate WC, dining room, lounge, bedroom/office.
First floor, three further bedrooms. Set within Northdown Road there are a plethora of vibrant businesses on the doorstep, a short walk brings you to the Old Town or Sandy Beaches.
We understand the vendor is extending the lease upon completion. The apartment is offered end of chain and vacant.
Please see the virtual tour to appreciate the great rooms this home has to offer, then call Miles and Barr to book your viewing.
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 £100 (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 (20' 10" x 13' 8") Bedroom (13' 0" x 6' 5") Dining Room (15' 9" x 12' 7") Bathroom (8' 11" x 5' 8") Kitchen (17' 6" x 8' 9") Second Floor Leading to: Bedroom (13' 0" x 6' 3") Bedroom (20' 10" x 12' 2") Bedroom (14' 2" x 11' 7")
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 174a, Northdown Road, Margate
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