Lyndhurst Avenue, Margate, CT9 2PS

Set within an attractive converted period property, this spacious four-bedroom apartment on Lyndhurst Avenue offers generous and versatile accommodation in the heart of Margate. Combining character features with modern practicality, the property benefits from a bright reception room, a well-appointed bathroom, and four well-proportioned bedrooms, creating a flexible layout that is well suited to a range of investment strategies.

From an investment perspective, the property presents outstanding potential. Its spacious four-bedroom layout offers purchasers the opportunity to explore a House in Multiple Occupation (HMO) conversion, subject to the necessary planning permission, licensing and regulatory requirements. Based on local room rental levels, investors could potentially achieve yields of up to 10% following conversion, making this an attractive proposition for those seeking to maximise rental returns.

Alternatively, Margate's thriving tourism market presents the opportunity to explore the short-term holiday let (STL) sector, subject to any required consents and licensing. The property's generous accommodation and sought-after location make it well suited to a range of letting strategies, offering flexibility for a variety of investment objectives.

Financial Breakdown

Gross Rent: £16,200.00
Net income: £16,199.00
Gross yield: 5.49%
Net yield: 5.49%
Please contact agent for full financial breakdown.

IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

yieldit ref: YL-08527