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Perkins Avenue, Margate

South East

£285,000
Listed on 11/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached home offers a solid foundation for those looking to invest in a property with considerable renovation potential. Nestled in a location that combines accessibility and convenience, this residence is just a short distance from the Queen Elizabeth Queen Mother Hospital, local bus routes, and everyday amenities. Currently presented without a forward chain, the property invites buyers to envision their own improvements and personalizations throughout. The ground floor features an entrance porch that leads into a hallway with under-stairs storage, connecting to a spacious lounge highlighted by a double-glazed bay window. The kitchen/diner offers ample space for culinary activities and entertaining, featuring basic wall and base units with room for modern appliances. A separate dining area connects seamlessly to the rear garden through double glazed patio doors. On the first floor, there are three bedrooms including a larger master bedroom with front-facing views. The family bathroom is fitted with essential amenities while a separate cloakroom adds convenience. Ascending further, the second floor presents two loft rooms and an additional shower room, providing versatile spaces that could suit various needs—be it extra bedrooms or home offices. Externally, the property is complemented by a sizable rear garden featuring paved areas and two brick-built sheds for storage or workshop use. The front landscaped area also holds potential for conversion into off-street parking, subject to necessary planning approvals. With its practical layout and desirable location, this home is ripe for transformation. Whether you’re looking to create your ideal living space or maximize rental income opportunities in a growing area, this property stands out as an attractive option for savvy investors or buyers ready to undertake renovations.

Investment Analysis

(CT9 area)
Area Average
£308/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Perkins Avenue, 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
£1,044
Based on a loan of £213,750 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