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See how verdicts work2-bedroom flat · CT9 4GL
For saleListed 55 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Exceptional Two Double Bedroom Top Floor Apartment with Balcony, Allocated Parking and offered end of chain.
This home provides spacious and thoughtfully designed accommodation throughout, alongside allocated off street parking and an outstanding 995 year lease.
Upon entering, you are welcomed by a generous hallway, the centrepiece of the apartment is the impressive open plan kitchen and reception room, perfectly designed for both everyday living and entertaining.
This bright and inviting space benefits from a beautiful bay window that floods the room with natural light, as well as direct access to a private balcony, offering an ideal spot for morning coffee or evening relaxation.
There are two excellent sized double bedrooms. The second bedroom is currently arranged as a walk in wardrobe.
The principal bedroom is particularly well appointed, featuring a stylish ensuite shower room and a thoughtfully designed alcove perfectly suited for a large wardrobe.
In addition, the property benefits from a modern family bathroom and two substantial storage cupboards, providing excellent practical storage.
Externally, the apartment enjoys an allocated off street parking space, there is also ample visitor parking available, alongside additional on street parking.
Further benefits include relatively low service charges and the security of a remarkable 995 year lease, making this a highly attractive opportunity for both owner occupiers and investors alike.
Please see the virtual tour and call Miles and Barr to view.
EPC Rating: B Material Information Construction Type/Materials: To Follow Broadband Coverage: To check broadband and mobile phone coverage please visit Ofcom here: 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.
Location Situated in the ever-popular seaside town of Margate, this property benefits from a vibrant coastal setting encompassing the desirable areas of Cliftonville, Garlinge, Palm Bay, and Westbrook.
Margate is renowned for its unique blend of culture, leisure, and seaside charm.
The town is home to the acclaimed Turner Contemporary gallery and the iconic Dreamland amusement park, offering a wide range of entertainment options.
Margate also boasts excellent high-speed rail links to London, making it an attractive choice for commuters.
Residents can enjoy beautiful sandy beaches and picturesque bays, perfect for relaxing and outdoor activities.
The neighbouring towns of Broadstairs, Ramsgate, and Birchington are all within approximately a 10-minute drive, providing additional amenities and coastal attractions.
There are also excellent road connections via the A299 Thanet Way and M2 motorway, ensuring convenient access to London and beyond Entrance Hall Bathroom Kitchen/Lounge/Diner (21' 4" x 11' 11") Balcony Bedroom (11' 0" x 8' 10") Bedroom (11' 0" x 10' 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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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.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 5, 6, Pictor Drive, Kent
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