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31 Lonsdale Avenue, Margate CT9 3BY - Image 1
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31 Lonsdale Avenue, Margate CT9 3BY

South East

£500,000
Listed on 25/12/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This detached four-bedroom converted bungalow offers significant potential for renovation, making it an appealing opportunity for owner-occupiers, investors, and developers alike. Set in the desirable area of Margate, this property features a garage and is currently vacant, awaiting your vision to modernise its interiors. The accommodation layout includes three bedrooms, a sitting room, a spacious kitchen/diner, a garden room on the ground floor, and an additional bedroom with a kitchen/lounge and bathroom on the first floor. With approximately 2,186 sq ft of living space, there is ample room to implement contemporary upgrades. The location is also advantageous, being close to Margate's vibrant 'Old Town', cultural attractions such as the Turner Contemporary Art Gallery, and convenient transport links to London via the railway station just under two miles away. This property presents a valuable investment opportunity in a region experiencing growth.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
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

31 Lonsdale Avenue, Margate CT9 3BY
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Mortgage Calculator

£
£
£
%
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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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE