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See how verdicts work2-bedroom flat · CT9 1EP
For saleReduced £35k (−13.2%) on 20 JunListed 439 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within the heart of Margate's sought after Old Town this 2 Bedroom first floor apartment is available for immediate occupation.
The accommodation offers 2 double Bedrooms followed by a very large Lounge which offers a sea view, it also has a separate Dining Room (possible third Bedroom)which adjoins to the Kitchen of the property.
Viewings are advised to grasp the true size of the property. Please contact one of our Agents on to arrange a viewing, properties in the old town do not hang around for long!
Living Room (2.13mx6.10m (7'66x20'52)) Kitchen (2.74mx2.44m (9'41x8'97)) Dining Room (2.44mx4.14m (8'83x13'07)) Bedroom 1 (3.05mx3.05m (10'32x10'28)) Bedroom 2 (2.74mx3.05m (9'78x10'36)) Bathroom (1.22mx2.44m (4'95x8'47))
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
Agent & docs
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FAQ
About Flat 1, 3, Duke Street, Margate
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