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Victoria Avenue, Margate

South East

£265,000
Listed on 17/10/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom terraced home in Margate presents a promising opportunity for those looking to invest in a property with renovation potential. While the home is currently in need of some updates, it provides a blank canvas for buyers eager to personalize and enhance their living space. Upon entering, you are greeted by a welcoming hallway that leads through the ground floor. The front of the house features a generously sized living room, enhanced by a bay window that invites ample natural light into the space. Adjacent to this is the dining room, which boasts patio doors that open onto a manageable garden area, offering the potential for outdoor enjoyment and landscaping ideas. The kitchen comes with fitted wall and base units and includes an integrated oven, along with space allocated for other essential appliances like a fridge freezer and washing machine. A convenient door from the kitchen provides direct access to the garden, making it ideal for outdoor dining or entertaining. Ascend to the upper level where you’ll find two spacious double bedrooms along with a single bedroom, providing flexibility for families or those needing home office space. The largest bedroom at the front of the house could easily be redesigned to create a luxurious retreat. A family bathroom completes this level, featuring a classic three-piece suite that could benefit from modern updates. This property not only appeals to first-time buyers and families but is also an excellent prospect for astute investors seeking a renovation project in a desirable location. The potential to increase value through improvements makes this home particularly attractive, offering both immediate comfort and long-term investment rewards.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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

Victoria 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
£971
Based on a loan of £198,750 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