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Canterbury Road, Westbrook, Margate - Image 1
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Canterbury Road, Westbrook, Margate

Unknown Region

£315,000
Listed on 24/04/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
772 sqft

Description

This semi-detached bungalow presents an excellent opportunity for renovation and investment, situated in a sought-after area just a short walk from the scenic Westbrook Bay Beach, approximately 0.8 miles away. Conveniently located between Westgate-on-Sea and Margate, both within easy reach (0.8 miles and 1.5 miles respectively), this property is ideally positioned to take advantage of local amenities and leisure activities. The interior of the bungalow features a classic layout that includes an entrance porch, a welcoming hallway, a sitting room, and a kitchen/dining area, providing ample space for reconfiguration or modernization. There are two generously sized double bedrooms along with a shower room and an additional cloakroom, allowing for potential improvements to enhance functionality and comfort. Outside, the rear garden offers approximately 38 feet of space—ideal for landscaping or creating an outdoor living area. The front of the property includes a driveway that provides off-street parking as well as access to a detached garage, adding further value to this property. Westbrook itself is known as a charming seaside resort with easy access to various shops and essential services. Residents benefit from nearby attractions in Westgate-on-Sea—including restaurants, cafés, and recreational facilities like an 18-hole golf course—as well as the vibrant culture of Margate, which has undergone significant regeneration recently. This includes the Turner Contemporary art centre and other entertainment venues like Dreamland Pleasure Park. Transport links are another key feature of this location; Westgate-on-Sea station is only half a mile away, offering convenient train services to London Victoria and other major stations. High-speed connections from Margate station further enhance accessibility to London. In summary, this bungalow not only offers comfortable living space but also substantial potential for updates that could significantly increase its value. With no onward chain complicating the sale process, it presents an attractive prospect for both homeowners seeking to personalize their living environment and investors aiming to capitalize on this evolving seaside community.

Investment Analysis

(CT9 area)

Above Market Value

This property is priced +31.9% above area average per sq ft

+31.9%
This Property
£408/sq ft
Area Average
£309/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.2%

Renovation Potential

Est. Renovation Cost
£31,500 - £78,750
10-25% of property value
Target Value
£262,658
10% above area average per sq ft
Potential ROI
-33.3%
After renovation
Monthly Sales
41
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (CT9)

Area prices are rising by +5.2% over the last 12 months
3 year growth: 5.6%
5 year growth: 30.5%
Investment Disclaimer: Analysis based on CT9 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Canterbury Road, Westbrook, Margate
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