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See how verdicts work2-bedroom terraced house · CT9 2JX
Listing removedReduced £15k (−13%) on 20 JunListed 542 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious 2-Bedroom Retirement Apartment with Sea Views No Onward Chain !
Situated on the second floor of a well-maintained retirement development for the over 60's, this delightful two-bedroom flat offers comfortable and secure living with a strong sense of community.
Built circa 2007, the building provides peace of mind with a 24/7 on-site House Manager and an emergency call system.
The apartment benefits from neutral décor throughout and comprises a generously sized lounge/diner, a separate fitted kitchen with direct sea views, two double bedrooms (one of which also enjoys sea views), and a well-appointed bathroom.
The layout is designed to offer both comfort and practicality for independent living.
Residents have access to a wide range of on-site facilities, including a communal lounge, laundry room, beautifully maintained gardens, and a guest suite for visiting family and friends.
A subsidised meal service is available, and the building also offers secure parking and one hour's cleaning per week.
Offered to the market with no onward chain, this property represents an excellent opportunity to join a welcoming retirement community in a desirable coastal location.
Communal Entrance Hall Entrance Hall Electric storage heater. Large storage cupboard. Emergency pull cord. Alarm. Power points. Door to all rooms.
Lounge/Diner (21'6 x 10'6 (6.55m x 3.2m)) Double glazed window offering sea views. Electric storage heater. Fire place. Power points. Storage cupboard housing fuse board. Doors to..
Kitchen (8'3 x 7'5 (2.51m x 2.26m)) Double glazed window to side with sea views. Range of wall and base units with work surfaces. Integral high oven and hob. Integral fridge. Integral freezer.
Power points. Emergency pull cord. Bedroom One (17'6 x 10'1 (5.33m x 3.07m)) Wall mounted electric heater. Power points. Emergency pull cord. Double glazed window to side.
Bedroom Two (15'0 x 9'6 (4.57m x 2.9m)) Double glazed window to sea views. Electric storage heater. Power points. Double storage cupboard. Emergency pull cord.
Bathroom (9'6 x 8'7 at widest points (2.9m x 2.62m at widest points)) Double glazed window to side. Panelled bath. Shower space with curtain and emergency pull cord. Low level WC.
Wash hand basin inset in vanity unit. Electric heater.
Leasehold Information The lease is 125 years from 1 July 2006, leaving 105 years remaining They have also advised the ground rent is £237.50 paid twice yearly.
Service charges is £949.19 a month (£11,390 pa)
Value & comps
No previous sales on record.
Returns
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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 54 Darwin Court, Harold Road, Margate
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