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See how verdicts work1-bedroom flat · CT9 2AY
For saleReduced £10k (−6.3%) on 8 OctListed 115 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This charming & quirky home offers an impressive open-plan layout, with a generous living space that takes full advantage of the coastal outlook, creating a light and airy atmosphere throughout.
The property also benefits from a well-defined sleeping area and a separate, well-appointed bathroom, making it both practical and stylish.
Situated in a well-maintained and professionally managed building, this property is ideally located within easy reach of the Old Town, Northdown Road amenities, and the mainline railway station, making it perfect as a main residence, weekend retreat or investment opportunity.
Offered with no onward chain, 95 year lease and the added benefit of a clear, affordable pathway to purchase the freehold from the current owner.
Early viewing is highly recommended to fully appreciate everything this wonderful seafront home has to offer.
Material Information Construction Type/Materials: Brick & Block Broadband Coverage: Good 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 Cliftonville is a desirable coastal district of Margate, located to the east of the town centre and characterised predominantly by its elegant Georgian and Victorian architecture.
The area enjoys a convenient position within easy walking distance of Margate Old Town, the Turner Contemporary art gallery, and Margate railway station (approximately two miles away), which offers high-speed services to London St Pancras and connections into King’s Cross.
Cliftonville is also well placed for a range of notable nearby landmarks and attractions, including the historic Shell Grotto, the Winter Gardens, and the scenic Walpole Bay tidal pool-one of the largest of its kind in the UK.
Palm Bay and the Viking Coastal Trail are also close by, offering attractive seafront walks and cycling routes.
In addition, the area benefits from good road connectivity, with direct access to London via the A299 Thanet Way and the M2 motorway, making it both accessible and well connected.
Entrance Hall Leading to: Bedroom (14' 3" x 9' 6") Bathroom (8' 8" x 8' 0") Kitchen (10' 7" x 8' 6") Lounge/Diner (14' 3" x 11' 8")
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 Flat 7, 9, Ethelbert Crescent, Kent
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