2-bedroom flat · CT9 2AY
For saleListed 120 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
CHAIN FREE.
Situated within a Victorian building on the ever-popular Ethelbert Crescent, this spacious two-bedroom ground-floor apartment presents an exciting opportunity for first-time buyers, those seeking a coastal retreat, or purchasers looking for a property they can truly make their own.
Offering spacious accommodation throughout, the apartment is a blank canvas with plenty of scope to update and personalise, allowing the next owner to create a home tailored to their individual taste and style.
The standout feature is undoubtedly the lounge/diner, a wonderful space enhanced by high ceilings and a large double-glazed bay window that floods the room with natural light.
From here, you can enjoy delightful sea views as well as outlooks towards Margate’s iconic Lido, creating the perfect setting for relaxing or entertaining.
The property further benefits from two well-proportioned bedrooms, a compact kitchen and a bathroom.
Ideally positioned to enjoy Margate’s vibrant seafront, Old Town, and local amenities on Northdown Road.
Entrance Hallway Entrance hallway, wall mounted fuse boards, wall mounted electric panel heater, intercom system, steps down to lower hallway, doors to:- Reception Room 4.75m x 5.77m Large double glazed bay window to front with outstanding sea views, wall mounted electric panel heater, TV points, high ceiling, doorway to:- Kitchen 1.68m x 2.18m Measurements include a range of fitted base units, fitted electric fan oven, space for washing machine, space for a slimline dishwasher, work surface over inset with a four burner halogen hob and a stainless steel sink with a mixer tap.
Ceramic tiled splash backs, range of coordinating cupboards over. Bedroom One 2.44m x 4.45m Large double glazed window, wall mounted electric panel heater, high ceiling.
Bedroom Two 3.15m x 3.25m Maximum measurements, double glazed window, wall mounted electric panel heater.
Bathroom Suite comprising low level WC, wash basin and panel bath, tiled splashbacks, double glazed window. Disclaimer All measurements are for general guidance purpose only.
The measurements are approximate; the measurements given should not be relied on. All measurements were taken using a sonic tape therefore maybe subject to a small margin of error.
These particulars, whilst believed to be accurate, are set out as a general outline only for guidance and do not constitute any part of an offer or contract.
Intending purchasers should not rely on them as statements of representation of fact but must satisfy themselves by inspection or otherwise as to their accuracy.
No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property.
The mention of any appliances and/or services within these particulars does not imply they are in full or efficient working order.
Floorplans are for guide purposes only, all dimensions are approximate.
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 Ethelbert Crescent, Margate, CT9
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