2-bedroom flat · CT9 1TJ
For saleReduced £5k (−4%) on 2 OctListed 411 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This property can be sold with A brand new lease.
A fantastic opportunity to purchase a two-bedroom flat on St Peter’s Road, Margate – perfect for first-time buyers looking to get onto the property ladder, or buy-to-let investors seeking a solid rental opportunity.
The flat offers a bright lounge, separate kitchen, two bedrooms and a bathroom.
While some updating would really bring it to life, it provides plenty of potential for buyers to add their own style and create a comfortable home or attractive investment.
Located close to local shops, schools, and transport links, the property is just a short distance from Margate’s sandy beaches, the popular Old Town and the Turner Contemporary.
Westwood Cross shopping centre is also nearby, offering a wide choice of retail and leisure facilities, with excellent road and rail connections to London and beyond.
Key features: • Two-bedroom flat • Spacious lounge and kitchen • Perfect for first-time buyers or investors • Opportunity to add value through refurbishment • Close to shops, schools, and transport • Easy reach of Margate seafront, Old Town, and Westwood Cross With strong demand in Margate for both starter homes and rental properties, this flat represents an affordable entry into one of Kent’s most popular coastal towns.
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 Flat 1, 45, St. Peters Road, Kent
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