1-bedroom flat · CT12 6AN
Listing removedListed 113 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
One bedroom apartment! Miles & Barr are delighted to bring to the market this spacious one bedroom flat situated on the first floor.
Internally you will find an open plan kitchen/lounge and one large double bedroom and showroom.
This property is situated just off of Margate road a perfect location close to Westwood Cross, Ramsgate train station and the town centre.
EPC Rating - C Council Tax Band - A To check broadband and mobile phone coverage please visit Ofcom here Location Ramsgate is situated on the southerly aspect of the Isle of Thanet and benefits from the country’s only Royal Harbour, its status being granted by King George IV in 1821.
The distinctive and beautiful harbour has a vibrant yachting community alongside some commercial activity and was where the Little Ships evacuation of Dunkirk set out from in 1940.
The town is enjoying something of a Renaissance with its large amount of Grade II Listed property, many set within elegant Regency squares, or overlooking the sea, others with links to or influenced by the architect Augustus Pugin.
In recent years, the Royal Harbour has seen many restaurants, cafes and bars emerge alongside quirky independent retail outlets, some utilising the arches on the quayside beneath Royal Parade.
Ramsgate is steeped in history with associations to many well-known figures including Queen Victoria, Karl Marx and Vincent Van Gogh as well as having a fascinating network of tunnels beneath the main centre.
The fortunes of the town have been hugely assisted by the recent addition of a high-speed rail link to London St Pancras making a commute for many a viable option.
Reception Room/Kitchen (14' 8" x 12' 10") Bedroom (14' 5" x 10' 5") Bathroom (9' 6" x 5' 11")
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 Flat 2, 304,, Margate Road, Ramsgate
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