2-bedroom flat · CT9 3DH
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Miles and Barr are delighted to offer this two bedroom apartment with direct sea views in Palm Bay Court, Margate.
Offered chain free and vacant possession, this first floor apartment is located in a well-maintained seafront building, enjoying uninterrupted sea views from the lounge and kitchen.
Perfect as a holiday home or permanent seaside retreat, the property benefits from lift access and is just a short stroll from the vibrant Margate promenade.
You'll find yourself moments from the heart of town, with its boutique shops, art galleries, and an excellent choice of restaurants and cafes.
Directly across the road, steps lead down to a quiet, tucked-away beach nestled between Palm Bay and the Walpole Bay tidal pool—an ideal spot for families and beach lovers alike.
The apartment also benefits from allocated parking. Please see the virtual tour and call Miles and Barr to view.
Identification checks Should a purchaser(s) have an offer accepted on a property marketed by Miles & Barr, they will need to undertake an identification check.
This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service to verify your identity.
The cost of these checks is £60 inc. VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances.
Location Cliftonville is a coastal area in the town of Margate, situated to the east of the main town and mainly occupies Georgian and Victorian properties.
The area itself is within easy walking distance of the 'Margate Old Town', Turner Contemporary Art Gallery and the Margate railway station which is approximately 2 miles away and offers fast services to Kings Cross, St.
Pancras. There are also good road links to London via the A299 Thanet Way and M2 Motorway.
Entrance Entrance Hall Bedroom 10' 8" x 11' 11" Bathroom Bedroom 11' 10" x 11' 7" Lounge/Diner 20' 8" x 9' 10" Kitchen 12' 3" x 6' 0"
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
FAQ
About Palm Bay Avenue, Margate, Kent, CT9
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