3-bedroom flat · CT9 1LA
For saleReduced £10k (−5.7%) on 20 JunListed 591 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Period delight. Located at the top of the High Street in Margate is this deceptive three bedroom maisonette offered with no chain, share of freehold and a new 125 year lease.
The property is arranged over the first and second floors and comprises: On the first floor there is a spacious lounge/diner, kitchen and bathroom, on the second floor there are three bedrooms.
The property benefits from gas central heating. The property is in need of updating. A fantastic opportunity to purchase a holiday home in Margate close to the seafront and Old Town.
Keys held for immediate viewings. EPC Rating: D Communal Entrance Entryphone system provides secure entry to the communal hallway and stairs to the second floor.
Entrance Front door from the communal hallway, steps dogleg into the sitting room.
Lounge (6.81m x 4.65m) Maximum measurements reducing to 8' 5'' includes staircase, feature arch window, two radiators, feature fireplace, stairs to the upper floor, interesting porthole window with rooftop views, doors to:- Bathroom Suite comprising of panel bath, tiled shower enclosure and a pedestal wash basin, tiled splashbacks, double glazed sash window to the rear.
Separate WC Low level WC and pedestal wash basin, radiator.
Kitchen/Diner (4.52m x 3.91m) Measurements include a range of fitted base units with a fitted electric oven, work surface over inset with a stainless steel sink and drainer, tiled splash backs, range of wall cabinets over, window, space for washing machine and fridge freezer, wall mounted gas boiler, radiator.
Stairs Dog leg open staircase, porthole window. Landing Doors to:- Bedroom One (4.11m x 3.76m) Sash window, radiator. Bedroom 3 (2.84m x 2.08m) Sash window, radiator.
Bedroom Two (3.84m x 3.02m) Plus depth of a generous wardrobe built in, sash window
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 1, 152 High Street, Margate
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