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Westbrook Road, Margate, CT9

South East

£280,000
Listed on 02/11/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
1494 sqft

Description

This charming three-story period property offers a unique opportunity for those looking to invest and customize their living space. With four bedrooms spread across its expansive layout, it provides ample room for family life or the potential to create separate living units, subject to obtaining the necessary permissions. The interior awaits modernization and personal touches, making it an ideal canvas for renovation enthusiasts. Its original features could be revitalized to enhance the character of the home while improving overall functionality. Outside, a private rear garden offers a peaceful retreat, perfect for outdoor activities or gardening. The property's location is another significant advantage; local amenities are just a short walk away, including shops, restaurants, and public transport options. Additionally, proximity to the beach adds a desirable lifestyle element that may appeal to future tenants or homeowners. With careful planning and execution, this property holds substantial investment potential—either as a long-term rental or through conversion into multiple dwellings. This flexibility opens various avenues for maximizing return on investment in an area with growing demand. Prospective buyers are encouraged to conduct their own due diligence and explore the possibilities that this property presents.

Investment Analysis

(CT9 area)

Below Market Value

This property is priced -39.2% below area average per sq ft

-39.2%
Potential saving
This Property
£187/sq ft
Area Average
£308/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£506,249
10% above area average per sq ft
Potential ROI
+48.9%
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

Westbrook Road, 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
£1,026
Based on a loan of £210,000 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