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See how verdicts work5-bedroom house · CT9 1NX
Listing removedReduced £50k (−11.1%) on 23 JulListed 164 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated right in the heart of Margate, this substantial Grade II listed terraced house is a rare and appealing opportunity, particularly benefiting from the unusual advantage of offroad parking so close to the town centre.
The property offers generous and wellproportioned accommodation arranged over several floors and has the clear potential to be transformed into a truly stunning period home.
On the ground floor there is a welcoming hallway leading to a spacious lounge, a formal dining room, a further inner hallway stairs down to an additional sitting room, and a wellsized kitchen, along with a separate toilet on the lower ground floor which presents an excellent opportunity to create a separate lower ground floor apartment, subject to the necessary planning permissions.
The upper floors continue to impress with a large principal bedroom, a further double bedroom, and a generous family bathroom, while additional staircases lead to further bedrooms on the upper levels, all offering good space and flexibility for a variety of uses.
Externally, the property enjoys a lovely, tranquil rear garden, providing a peaceful retreat despite its central Margate location with gated parking for 1/2 cars.
Overall, this is a characterful and versatile home, rich in period charm and offering significant scope for enhancement, making it an exciting prospect for those seeking space, character and potential in a prime position.
Material Information Construction Type/Materials: To Follow Broadband Coverage: To check broadband and mobile phone coverage please visit Ofcom here: Identification checks If an offer is accepted on a property marketed by Miles & Barr, all purchasers are required to complete id verification checks.
This is a legal obligation under Anti-Money Laundering Regulations. We use a specialist third-party company to carry out these checks.
The fee is £60 (including VAT) per person or £120 (including VAT) if purchasing under a company name, payable once the offer is agreed and before the sales memorandum is issued.
Please note that this charge is non-refundable. Location Margate is a fantastic seaside town and contains the areas of Cliftonville, Garlinge, Palm Bay and Westbrook.
The energy surrounding Margate is excellent, it holds the likes of a world class Art Gallery, the UK's original pleasure park 'Dreamland', fast Rail links into London and of course not forgetting the stunning sandy beaches and sparkling bays.
You are within a 10 minute drive to the neighbouring towns which are Broadstairs, Ramsgate and Birchington. There are also good road links to London via the A299 Thanet Way and M2 Motorway.
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
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FAQ
About 5, Cecil Street, Margate
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