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Elfrida Close, Margate

South East

£200,000

Listed on 28/08/2025

Property details

Bedrooms
3
Type
Terraced

Description

This mid-terrace three-bedroom house, nestled in a quiet cul-de-sac, presents an excellent renovation opportunity for discerning buyers keen to customize their new home. While the property requires some updating, it boasts spacious rooms and a thoughtful layout that can be enhanced to meet modern living standards. The ground floor comprises a functional kitchen and a generous L-shaped lounge/diner, which opens to the rear garden—perfect for entertaining or family activities. Upstairs, you will find two well-sized double bedrooms alongside a comfortable single bedroom and a family bathroom. The exterior features both front and rear gardens, offering potential for landscaping or outdoor improvements. Conveniently located close to local primary schools and essential amenities, this house is ideal for families or investors looking to create value through renovation.

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Investment analysis

(CT9 area)
Area Average
£306/sq ft
Avg Rent (weekly)
£237
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (CT9)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -2.8%
5 year growth: +6.4%
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

Elfrida Close, Margate
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£756
Based on a loan of £150,000 over 30 years at 4.45% 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.

Stamp duty calculator

Price History

-9.1% since listed
£200,000£10,000(-4.8%)
11/04/2026
Current price
£210,000£5,000(-2.3%)
15/01/2026
£215,000£5,000(-2.3%)
18/11/2025
£220,000Initial listing
28/08/2025

Next Steps

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