2-bedroom bungalow · CT9 4DD
Listing removedReduced £30k (−13.6%) on 20 JunListed 237 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the popular Salmestone Road in the vibrant seaside town of Margate, this delightful two-bedroom semi-detached bungalow offers warmth, comfort and a true sense of home from the moment you step inside.
Lovingly cared for and well maintained over the years, the property exudes a cosy and welcoming atmosphere, making it an ideal choice for those looking to downsize without compromise.
Offered for sale with no onward chain, it presents a smooth and straightforward opportunity for its next chapter to begin.
The accommodation is thoughtfully arranged, with a comfortable lounge positioned at the heart of the home, a lovely central space to relax and unwind.
From here, the bungalow flows naturally into a well-proportioned kitchen, perfectly practical and filled with potential.
There are two exceptionally generous double bedrooms, both offering ample space for furnishings and personal touches, along with a good-sized bathroom serving the home.
Natural light pours in through four UPVC double-glazed windows, while a brand-new front door provides both style and peace of mind.
The property benefits from gas central heating, powered by a boiler that has recently been installed, ensuring comfort and efficiency throughout the seasons.
To the rear, a charming low-maintenance courtyard garden provides a private outdoor retreat.
With a sweet flower bed adding a splash of colour, it’s a peaceful and manageable space; ideal for enjoying a morning coffee or a quiet afternoon in the fresh air.
Situated in a popular residential area, the bungalow is conveniently placed just a short distance from local shops, restaurants and public houses, as well as excellent bus links including the reliable Thanet Loop service, connecting you easily to all Thanet towns.
The Queen Elizabeth The Queen Mother Hospital is also close by, adding further practicality to this appealing location.
While the property does not offer off-road parking, its wonderful setting, generous proportions and inviting feel more than compensate. This is a truly special bungalow.
Cosy, well-kept and ready to welcome its next owner. A perfect opportunity for those seeking comfort, convenience and a home with heart in a well-connected Margate setting.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 2, Salmestone Road, Margate
Explore nearby