1-bedroom flat · CT9 1PN
For saleListed 257 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautifully Presented One-Bedroom, Top Floor Flat - No Onward Chain !
Situated in a charming Grade II listed building, just a short stroll from Margate's vibrant Old Town, mainline railway station, and stunning seafront, this immaculately presented one-bedroom top floor flat offers an excellent opportunity for first-time buyers or those seeking a coastal retreat.
The current vendor has tastefully updated the property throughout, including a newly fitted modern kitchen and contemporary shower room.
Fresh décor and new carpets have also been added, creating a light and welcoming space ready to move straight into.
The flat enjoys a peaceful top-floor position and is offered with no onward chain - this charming home combines comfort, style, and convenience in one of Margate's most desirable locations.
Entrance Via communal door, communal hallway and stairs leading to top floor. Flat entrance. Hallway Cupboard housing fuse box. Loft hatch.
Doors to: Lounge 20'6 x 9'8 at widest point (6.25m x 2.95m at widest point) Single-glazed sash windows to front. Power point. Television point. Electric heater.
Kitchen 13'7 x 9'3 at widest point (4.14m x 2.82m at widest point) Base units with complementary worksurface. Acrylic sink with mixer tap and drainer. Splashback tiles.
Integrated oven and hob with extractor fan over. Space and plumbing for washing machine. Built-in cupboard housing immersion tank. Single-glazed sash window to rear.
Bedroom 14' x 6'6 (4.27m x 1.98m) Single-glazed sash window to front. Power point. Television point. Electric heater. Large walk-in cupboard / wardrobe space.
Shower Room Shower cubicle with electric shower over. Sink set into vanity unit. Low level WC. Extractor fan.
Leasehold Information The vendors have advised us that the property will be sold with a new 125 Year lease.
Ground rent -£0 Service Charge approximately £300 pa Holiday lets are not permitted in the lease. Note Please note this property is Grade II listed.
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 Addington Street, Margate
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