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Canterbury Road, Margate, CT9

South East

£349,995
Listed on 11/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1329 sqft

Description

This three-bedroom detached house offers a unique opportunity for those looking to invest in a property with significant renovation potential. Nestled within a considerable plot, the home features a spacious rear garden and off-street parking, making it appealing for families or individuals seeking outdoor space. While the house is currently livable and has been maintained, it presents ample scope for modernization, allowing new owners to customize the interior to their taste. The layout includes well-sized rooms, with a bright living room that flows into a dining area and a separate kitchen. Upstairs, you will find three comfortably sized bedrooms along with a family bathroom. There's also potential for further enhancements, whether through expansion or reconfiguration (subject to necessary planning permissions). Located conveniently between Margate and Westgate-on-Sea, this property benefits from proximity to local schools, shops, and transport links. Margate train station is just a short walk away, providing quick access to London via high-speed rail services. For those who enjoy outdoor activities, Westbrook Bay’s sandy beach and various recreational facilities are nearby. Overall, this property stands as an attractive investment opportunity in a sought-after area with strong long-term rental potential or resale value. It’s well-situated for families and commuters alike, promising both comfort and convenience in an evolving community. Viewings are encouraged to fully appreciate what this home has to offer.

Investment Analysis

(CT9 area)

Below Market Value

This property is priced -14.5% below area average per sq ft

-14.5%
Potential saving
This Property
£263/sq ft
Area Average
£308/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£450,338
10% above area average per sq ft
Potential ROI
+12.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (CT9)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -0.5%
5 year growth: 19.2%
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

Canterbury Road, Margate, CT9
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,282
Based on a loan of £262,496 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE