Ready-made multi-flat investment with renovation upside close to Margate amenities..
Four-storey Victorian townhouse converted into three flats under single freehold title
Lower-ground flat has private entrance; upper flats share communal stairwell
Total area approx. 1,660 sq ft; compact urban plot with small forecourt
Requires modernisation: dated kitchens, bathrooms and external repairs
Solid brick walls likely uninsulated; upgrade and insulation recommended
Electric storage heaters and electric main fuel—running costs may be high
Area has very high crime and high deprivation; rental management needed
No flood risk; good broadband and rail links to London
A substantial four-storey Victorian mid-terrace arranged as three self-contained flats under one freehold title — two one-bed flats and a split-level two-bed — offering immediate rental income or portfolio growth. The lower-ground flat benefits from a private entrance; upper units share a communal stairwell. Total internal area is about 1,660 sq ft across four levels.
The building has solid brick walls (likely uninsulated), double glazing of unknown age and electric storage heating throughout; these factors mean running costs and retrofit work should be factored into budgets. The façade, some internal fittings and the kitchen are dated and will need modernisation to maximise rental value or resale uplift. There is attic/dormer space suggesting potential further improvement subject to consents.
Location strengths include fast broadband, excellent mobile signal, proximity to Margate amenities, rail links to London and local schools rated Good. Counterbalancing this, the immediate area scores high for crime and deprivation; tenants are likely to be renters, so robust management and vetting are advised. No flood risk is recorded.
Suitable buyers: investors or landlords seeking a ready-made, small multi-flat asset with clear scope for capital improvement. Recommended next steps: on-site inspection, measured survey, checks on individual flat tenures and any necessary permissions before purchase.
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