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Pluckley Gardens, Margate

South East

£289,995
Listed on 29/12/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
780 sqft

Description

This semi-detached bungalow, situated on a spacious corner plot in the sought-after Palm Bay area of Margate, presents an excellent investment opportunity. While the property is currently in need of refurbishment, it allows for significant customization to suit modern living standards. The layout features a generous entrance hall leading to an open lounge that flows into a well-equipped kitchen, which includes a sizable storage room. There are two double bedrooms and a shower room that could benefit from updates. The exterior includes a garden designed for low maintenance but offers immense potential for enhancement or expansion. Notably, there’s direct access to a garage from the rear and the possibility to create a driveway at the front (subject to relevant approvals). With local amenities, schools, and beach access just moments away, this property provides both lifestyle benefits and renovation potential.

Investment Analysis

(CT9 area)

Above Market Value

This property is priced +21.8% above area average per sq ft

+21.8%
This Property
£372/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£255
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£261,862
10% above area average per sq ft
Potential ROI
-20.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (CT9)

Area prices are falling by -2.1% over the last 12 months
3 year growth: -3.0%
5 year growth: +13.5%
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

Pluckley Gardens, Margate
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,046
Based on a loan of £217,496 over 30 years at 4.06% 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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