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See how verdicts work2-bedroom terraced house · CT9 1UX
For saleReduced £10k (−4.5%) on 14 OctListed 59 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Cooke & Co are pleased to offer for sale this distinctive end-of-terrace mews home, set across four levels and offering flexible accommodation in a highly convenient central Margate location.
The property would make an excellent first home, seaside retreat or potential holiday-let investment.
The ground floor features an entrance hallway, kitchen and lounge/diner, with the living space opening onto a balcony.
Stairs descend to the lower-ground floor, where there is direct access to the garage. A bedroom and bathroom occupy the first floor, while the top floor provides a further bedroom.
Margate's bustling town centre is close at hand, together with the golden sands of Margate Main Sands, Turner Contemporary, Dreamland and the railway station.
This excellent position makes the property well suited to commuters, weekend visitors and anyone looking to enjoy life by the coast.
The surrounding area is renowned for its independent shops, galleries and creative venues, along with an impressive choice of cafés and restaurants, including Angela's, Buoy & Oyster and Sargasso.
Viewing is highly recommended to appreciate what this property offers and convenient location. Please contact Cooke & Co, visit our website or call to arrange your accompanied viewing.
Entrance Via Upvc entrance door. Into; Hallway Power points. Telephone point. Stairs to first-floor landing Stairs to lower ground floor to garage.
Doors too; Kitchen (9'8 x 4'9 (2.95m x 1.45m)) Matching wall and base units with complementing worksurfaces. Inset stainless steel sink unit with drainer.
Tiled splash backs Integrated oven with gas hob and extractor over. Space for washing machine. Space for fridge freezer. Power points. Radiator. Double glazed window to front.
Lounge / Diner (12'4 x 11'5 (3.76m x 3.48m)) Double-glazed patio door to rear leading onto balcony. Radiator. Power points. First Floor Landing Cupboard housing boiler.
Door with stairs leading to second floor. Doors to; Bedroom (13'6 x 8'3 (4.11m x 2.51m)) Double-glazed window to front. Radiator. Power points. Bathroom (8'3 x 5'6 (2.51m x 1.68m)) Panelled bath.
Low level WC. Wash hand basin. Double glazed frosted window to rear. Radiator. Second Floor Bedroom (11'2 x 12.00 (3.4m x 12.00)) Skylight window to front. Radiator. Power points Eves storage.
Garage (14'8 x 11'5 (4.47m x 3.48m)) Power points. Up and over door.
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
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FAQ
About 43, Grosvenor Place, Margate
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