We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · CT9 4FU
For saleReduced £10k (−4.5%) on 24 OctListed 227 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
2 Bedroom Coach House | 50% Shared Ownership | Car Port + Additional Parking Space | Private Entrance Tucked away in a modern residential setting, this well-presented two-bedroom coach house offers stylish, low‐maintenance living on a popular development in Westwood Cross, Margate.
Available on a 50% shared ownership basis, it’s an ideal opportunity for first‐time buyers seeking a contemporary home with excellent parking and convenient access to local amenities and transport links.
Accommodation Entrance & Hallway Accessed via a private ground‐floor entrance, a staircase rises to all accommodation on the first floor.
Open‐Plan Lounge / Kitchen / Diner The heart of the home is a light‐filled, open‐plan living space, perfect for relaxing and entertaining.
The kitchen area is fitted with a range of contemporary units and ample worktop space, with room for appliances.
The lounge area provides a comfortable zone for sofas and media, with doors opening to a Juliette balcony ensuring excellent natural light throughout the day.
Bedroom One A well‐proportioned double bedroom with walk-in wardrobe/dressing room space, ideal as the principal bedroom.
Bedroom Two A versatile second bedroom-ideal as a child’s room, guest room, or a home office. Bathroom A modern, neutrally styled family bathroom with panel bath and shower over, WC and wash basin.
Parking & External A standout advantage of this property is the excellent parking provision: Car port offering covered parking beneath the coach house Additional allocated parking space directly in front of the car port, perfect for households with two cars or for visiting guests Shared Ownership This home is offered at 50% share, with a rent payable on the remaining share to the housing provider, plus any service charges/estate charges applicable to the development.
Prospective purchasers may be subject to an application process, carried out by the housing association for eligibility/affordability purposes, this may incur a cost to the purchaser.
Location Situated in a sought‐after area of Westwood Cross, Margate, Leo Road is well placed for: Local shops, cafés, and supermarkets Access to Margate seafront, Old Town, and sandy beaches Transport links including Westwood Cross Bus Station, Margate station for services towards London and the wider Kent coast Schools and green spaces, plus leisure facilities This coach house combines modern comfort, low‐maintenance living, and superb parking with the affordability and accessibility of shared ownership.
To book A viewing - You can use the brochure link in the full property description in the Rightmove advert 24/7 or call to speak to an expert - whatever you need, we're available.
Reach us from 9am - 6pm between Monday and Friday, and from 9am - 5pm on a Saturday.
Property Ownership Information Tenure Shared ownership Council Tax Band B Percentage Share Owned 50% Additional Monthly Rent £390.98 Annual Ground Rent No ground rent Ground Rent Review Period No review period Annual Service Charge £924.24 Service Charge Review Period Every 1 year Lease End Date 01/01/2147 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer.
You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits.
Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
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FAQ
About 20, Leo Road, Margate
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