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Laureate Close, Margate

South East

£250,000
Listed on 16/09/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
969 sqft

Description

This three-bedroom home in a quiet cul-de-sac in Margate presents an inviting canvas for renovation and investment. With a solid structure and generous living spaces, the property is a promising project for buyers looking to infuse their personal style and modern updates. As you enter, a welcoming porch leads to an expansive Living Room that flows seamlessly into a bright Conservatory, offering direct access to the private garden. This area holds great potential for transformation, whether through cosmetic updates or more substantial renovations to create a contemporary living space. The Kitchen is located at the rear and, while in need of modernisation, provides ample room for creative redesign. The first floor accommodates three well-proportioned Bedrooms. Two of these are spacious doubles with built-in storage solutions, perfect for optimising space, while the third bedroom could serve as an ideal office or guest room. Completing this floor is a family Bathroom that offers opportunities for upgrades. Outside, the sizeable rear Garden offers potential for outdoor entertaining and relaxation once revitalised. The property's location in Margate is another strong point; it combines convenient access to local amenities with the charm of residential living. Investors and DIY enthusiasts alike will find this home appealing due to its renovation potential and favorable location. This is an opportunity to create a tailored family residence in an area with growth prospects.

Investment Analysis

(CT9 area)

Below Market Value

This property is priced -16.2% below area average per sq ft

-16.2%
Potential saving
This Property
£258/sq ft
Area Average
£308/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£328,350
10% above area average per sq ft
Potential ROI
+13.2%
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

Laureate Close, Margate
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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
£916
Based on a loan of £187,500 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