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Victoria Road, Margate CT9 - Image 1
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Victoria Road, Margate CT9

South East

£325,000
Listed on 11/02/2026

Property Details

Bedrooms
5
Type
Detached house
Area
1613 sqft

Description

This distinctive freehold property, previously utilized as the headquarters for a local potato factory, offers a unique investment opportunity in Margate. Comprising two spacious self-contained flats—a two-bedroom unit on the ground floor and a three-bedroom maisonette on the upper floors—this building has enjoyed consistent rental income for over 15 years, reflecting its enduring appeal in the area. The ground floor flat includes a private garden that stretches alongside the premises, providing ample outdoor space. The upper flat features a generous loft area ripe for conversion into additional living space (subject to planning permission). Both units present significant refurbishment opportunities or potential reconfiguration to enhance the number of available apartments while maintaining their character. With its close proximity to Margate Old Town and local amenities, this property is well-suited for investors looking to capitalize on strong rental demand or developers seeking to maximize potential through thoughtful renovations and extensions.

Investment Analysis

(CT9 area)

Below Market Value

This property is priced -34.0% below area average per sq ft

-34.0%
Potential saving
This Property
£201/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£255
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£541,516
10% above area average per sq ft
Potential ROI
+30.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (CT9)

Area prices are falling by -2.1% over the last 12 months
3 year growth: -3.0%
5 year growth: +13.5%
Investment Disclaimer: Analysis based on CT9 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Victoria Road, Margate CT9
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,172
Based on a loan of £243,750 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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