3-bedroom flat · CT9 1LW
Sold STCListed 149 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated just a stones throw from the center is this beautifully presented top floor apartment.
As you enter the apartment, you will immediately appreciate the abundance of natural light that fills the property.
With Velux windows installed throughout, the current owner has created a bright and airy living space.
Head through to the open-plan kitchen and living area, which offers a welcoming and spacious feel. The lounge features an attractive fireplace and also tilt and turn windows to the front.
Make your way through to the contemporary kitchen, beautifully designed and fitted with a slimline dishwasher, a stylish butler sink seamlessly set into the worktop, and complemented by elegant brass mixer taps.
The space has been thoughtfully arranged to maximise both style and practicality, creating an ideal setting for everyday cooking and entertaining.
There are two well-proportioned bedrooms, with the principal bedroom also featuring tilt and turn windows and Velux above.
The third bedroom is smaller in size and would make an ideal guest bedroom or home office/study.
The stylish three-piece bathroom, complete with a shower over the bath, has been refurbished to a high standard.
A useful storage cupboard within the room houses the washing machine and boiler, providing a practical and discreet solution.
The main property and freehold are privately owned; therefore, the owner advises that there are currently no service charges, ground rent, or lease length.
The freehold is soon to be distributed between the three apartments, creating a share of freehold in the future, whereby the individual owners will decide on the equal sharing of costs for the upkeep of the building and communal areas.
Margate offers a good variety of local amenities including independent shops, supermarkets, cafes, pubs, restaurants, doctors, dentists and schools.
There are beautiful sandy beaches within easy reach along with stunning coastal clifftop walks. The neighbouring town of Broadstairs is just a mile along the coast offering further superb beaches.
The Cathedral city of Canterbury is just 25 minutes away by car.
There are excellent transport links with a mainline train station offering direct high speed services to London as well as regular bus services around Thanet making Margate a popular residential area.
Value & comps
No previous sales on record.
Returns
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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 Victoria Road, Margate, Kent, CT9
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