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See how verdicts work1-bedroom flat · CT9 3AJ
For saleListed 48 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within Devonia Hall, one of Cliftonville's distinguished Edwardian landmarks, this generously proportioned one-bedroom apartment is offered with no forward chain at a guide price of £175,000, making it an ideal seaside retreat, first-time purchase or investment.
Extending to approximately 828 sq ft, the property is entered via a welcoming hallway before opening into a separate lounge, a fitted kitchen with space for white goods and a table and chairs, a double bedroom and a bathroom with a panelled bath and overhead shower.
Further benefits include a newly fitted boiler and a long lease with approximately 945 years remaining, alongside a service charge that includes buildings insurance.
Believed to date from around 1912, Devonia Hall was originally built as an exclusive collection of serviced apartments for affluent Londoners seeking a stay by the sea, before later being converted into just eleven apartments.
The building retains a wonderful sense of period grandeur, with a sweeping original staircase and an impressive communal entrance hall where residents can still enjoy a fascinating black and white photograph of the building and its grounds as they appeared over a century ago.
Perfectly positioned to enjoy everything Cliftonville has to offer, Walpole Bay and Palm Bay are within easy walking distance, along with the ever-popular Margate Old Town and a fantastic selection of independent cafés, restaurants and bars, as well as the vibrant Northdown Road, now one of Thanet's most sought-after destinations for food, drink and independent shopping.
With no forward chain, this property is not expected to be available for long, so early viewing is highly recommended.
Please note: Selected images have been virtually staged for illustrative purposes. The property is sold as seen at viewing.
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 5, Devonia Hall, Beresford Gardens, Margate
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