2-bedroom flat · CT9 2UR
To rentReduced £50 (−4.2%) on 6 OctListed 84 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to Norfolk House, a beautifully reimagined development just moments from the seafront. This apartment features its own private entrance and is conveniently located on the ground floor.
Inside, you`ll find a spacious open-plan lounge and dining area that flows seamlessly into a fully fitted kitchen. The property offers two double bedrooms, along with a separate bathroom.
The apartment has been finished to the highest standard, with a contemporary fitted kitchen featuring Lamona appliances, oak laminate flooring throughout, and soft carpets in the bedrooms to create a cosy and modern living space.
Bathroom 8`90" x 6`58" Bedroom one 12`62" x 11`07" Bedroon two 16`74" x 9`61" Living room 17`74" x 13`21" Kitchen 7`59" x 9`08" Call us today to arrange your accompanied viewing on or email Council Tax Band - B.
For more info visit - EPC Rating - D Tenancy term: The Renters` Rights Act 2025 in England replaces fixed-term tenancies with standard periodic (rolling) agreements from May 1,2026, and all new and existing tenancies will become open-ended, rolling contracts
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 1, 3 Cumberland Road (P3), Margate
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