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See how verdicts work4-bedroom detached house · CT9 4ND
For saleReduced £100k (−5.1%) on 29 SepListed 152 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** LAND WITH PLANNING** An exciting opportunity to develop this charming historical farmstead into a standout heritage development of 11, mainly detached, homes over 3 acres of land.
Extending to just over 3 acres, of walled and well screened land, at the centre is a wonderful listed (Grade II) farmhouse, several heritage barns with permission to convert into 3 single dwellings and 7 further New Build plots within the site.
THE PROPERTY Previously a working farmstead dating back to the 1770’s the site is occupied by a Grade II listed farmhouse, numerous heritage barns (Cow Shed & Granary), a number of modern agricultural/storage barns and various smaller outbuildings.
The site is bound by high walls, established screened hedges and trees creating a tranquil setting.
PROPOSAL Planning has been approved to construct 7 detached family homes on the area of the modern yard, each with excellent plots and convert the Cow shed and Granary into 3 stunning single dwellings.
Whilst retaining the listed farmhouse and its garden/grounds.
Planning for the 7 detached homes was approved by Thanet District Council under ref F/TH/21/1864 with many of the pre-commencement conditions discharged and a confirmed commencement.
Planning for the conversion of the barns was approved under ref F/TH/26/0004 Whilst planning has been approved for the current scheme there may be scope to further enhance the scheme or retain the farmhouse and barns as a single farmstead home with offices, dependants homes or workshops.
The clients preference is to agree a sale to a single purchaser but will consider staged completion terms.
At this stage only unconditional offers will be considered; subject to normal pre-exchange conditions however the majority of the pre-commencement conditions have already been discharged.
Further details can be provided on request.
LOCATION The property is located on Shottendane Road on the edge of Margate, an attractive road, which leads from Margate out towards Birchington and Canterbury, providing easy access to the coastal areas and surrounding facilities.
ACCESS We would ask that all site visits are STRICTLY via prior arrangement as the property is still occupied and visits should be conducted with a high degree of discretion.
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.
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
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FAQ
About Shottendane Farm, Shottendane Road, Margate, Kent, CT9
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