1-bedroom flat · CT9 2HZ
Listing removedListed 74 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Newly Refurbished First Floor Studio Apartment – Norfolk Margate Miles & Barr are delighted to present this beautifully refurbished studio apartment, situated on the ever-popular Norfolk Road in Margate.
Inside you will find a spacious open plan living space with a modern en-suite bathroom withs a shower and separate kitchen.
This property has been fully refurnished with a full re-dec throughout and new carpets. For added peace of mind, the apartment also benefits from its own video intercom system.
Ideally located, the property is just a short distance from the seafront, Northdown Road and Margate town centre, offering excellent access to local shops, cafés and transport links.
Council Tax Band - A EPC Rating - C To check broadband and mobile phone coverage please visit Ofcom here: 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. Open Plan Living (16' 8" x 10' 3") Kitchen (7' 2" x 5' 2") Bathroom (3' 7" x 6' 9")
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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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FAQ
About Flat 3, 92, Norfolk Road, Margate
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