1-bedroom flat · CT9 3NX
Listing removedListed 289 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Westmarsh Drive, Palm Bay – Chain-Free First Floor Apartment Near the Coast Set in the sought-after Palm Bay area and just a short stroll from the picturesque coastline, this well-presented first floor apartment offers an attractive opportunity for a range of buyers.
Sold with no onward chain and benefiting from an exceptional 966-year lease, it provides outstanding long-term security for both homeowners and investors.
Inside, the apartment features a bright and inviting living space, a generously sized double bedroom, and a practical kitchen.
Clean, tidy, and clearly well maintained, it provides a solid canvas for a new owner to update, refresh, and make their own.
The building is well cared for and includes the added convenience of an allocated parking space and a shared garden.
With its desirable coastal location, generous proportions, long lease length, and scope for personalisation, this property presents an excellent opportunity to create a bespoke home or secure a reliable investment close to the sea.
Identification checks Should a purchaser(s) have an offer accepted on a property marketed by Miles & Barr, they will need to undertake an identification check.
This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service to verify your identity.
The cost of these checks is £60 inc. VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances. Location Margate is a fantastic seaside town and contains the areas of Cliftonville, Garlinge, Palm Bay and Westbrook.
The energy surrounding Margate is excellent, it holds the likes of a world class Art Gallery, the UK's original pleasure park 'Dreamland', fast Rail links into London and of course not forgetting the stunning sandy beaches and sparkling bays.
You are within a 10 minute drive to the neighbouring towns which are Broadstairs, Ramsgate and Birchington. There are also good road links to London via the A299 Thanet Way and M2 Motorway.
Entrance Hall Leading to: Lounge/Diner (16' 3" x 10' 2") Kitchen (9' 1" x 8' 2") Bedroom (13' 2" x 9' 1") Bathroom
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 advisors 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 4, 16, Westmarsh Drive, Margate
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