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Cedar Close, Margate

South East

£265,000
Listed on 18/11/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
806 sqft

Description

This spacious two to three-bedroom family residence is situated on a desirable corner plot within a quiet cul-de-sac, presenting an excellent opportunity for renovation and potential expansion. The property lies in proximity to local amenities, such as schools and Dane Park, while also being a short distance from Margate’s sandy shores and vibrant Old Town. The current layout includes an entrance porch, a sitting room, a kitchen, and a dining room that can easily be converted into a third bedroom if needed. Two additional bedrooms and a family bathroom complete the accommodation. There is clear potential to enhance the home further with extensions or reconfiguration, subject to securing the necessary planning permissions. Externally, the large rear garden features both lawn space and a paved terrace suitable for entertaining or outdoor activities. A garage is located at the front of the property along with an allocated parking space nearby. With no onward chain, this property offers flexibility for future owners looking to invest in renovation while enjoying the benefits of coastal living.

Investment Analysis

(CT9 area)

Above Market Value

This property is priced +6.7% above area average per sq ft

+6.7%
This Property
£329/sq ft
Area Average
£308/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£273,117
10% above area average per sq ft
Potential ROI
-13.3%
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

Cedar Close, 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