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See how verdicts work2-bedroom flat · CT9 1ER
For saleListed 31 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Two Bedroom Top Floor Apartment – Margate Old Town** Currently undergoing refurbishment, this well-positioned two bedroom top floor apartment is ideally located within the heart of Margate Old Town, surrounded by the area’s popular mix of independent shops, cafés, restaurants and bars.
The accommodation is accessed via a communal entrance hall, with stairs leading to the apartment. Internally, a central hallway provides access to all rooms.
To the front of the property is a spacious lounge with an open-plan kitchen area.
The kitchen is fitted with a range of wall and base units, surrounding tiling, an integrated electric oven and hob with extractor hood over.
There are two bedrooms, with the first being a good-sized double bedroom positioned to the front of the property and the second bedroom located to the rear.
Completing the accommodation is the fully tiled bathroom, positioned centrally within the apartment and fitted with a matching three-piece suite including a wash hand basin.
An excellent opportunity to purchase a two bedroom apartment in a highly sought-after location within Margate Old Town, with the refurbishment providing the opportunity to move into a freshly updated property.
Kitchen/Living Room (3.40mx4.39m (11'2x14'5)) Bedroom 1 (3.78mx2.54m (12'5x8'4)) Bedroom 2 (2.24mx3.23m (7'4x10'7)) Bathroom (1.96mx1.68m (6'5x5'6))
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 C, 4-5, Market Place, Margate
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