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Devonshire Gardens, Margate, CT9

South East

£500,000
Listed on 11/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1324 sqft

Description

This substantial detached family home is located in the well-regarded Cliftonville Avenues, an area known for its appealing mix of Georgian and Victorian architecture. With a wide frontage that allows for off-street parking accommodating several vehicles, the property offers both practicality and curb appeal. The layout spans two floors, starting with a welcoming entrance hall that leads into a sizeable lounge/dining area, ideal for family gatherings or entertaining guests. The kitchen, while functional as is, provides a solid foundation for potential modernization. Upstairs, three spacious bedrooms offer ample room for rest and relaxation, complemented by a family bathroom that could benefit from updates to align with contemporary tastes. A particular highlight of this property is the private rear garden, designed for low maintenance yet offering a tranquil outdoor retreat. Given the current condition of the home, it presents an excellent opportunity for renovation. Investors or buyers seeking to add personal touches will find significant potential here to create a stylish and comfortable residence that reflects their vision. Cliftonville boasts proximity to various amenities and attractions. Just a short walk away lies Margate Old Town, known for its vibrant arts scene and dining options, alongside the Turner Contemporary Art Gallery. Margate railway station is approximately 2 miles from the property, providing convenient transport links to London via fast services to Kings Cross St. Pancras. Additionally, good road access via the A299 Thanet Way and M2 Motorway enhances connectivity. With no onward chain, this property stands ready for a swift sale — an appealing prospect whether for those looking to establish their family home or investors aiming to capitalize on its renovation potential in this sought-after coastal locale.

Investment Analysis

(CT9 area)

Above Market Value

This property is priced +22.6% above area average per sq ft

+22.6%
This Property
£378/sq ft
Area Average
£308/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£448,644
10% above area average per sq ft
Potential ROI
-16.9%
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

Devonshire Gardens, 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
£1,832
Based on a loan of £375,000 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