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Ethelbert Crescent, Margate, Kent, CT9 - Image 11

Ethelbert Crescent, Margate, Kent, CT9

South East

£170,000
Listed on 04/03/2026

Property Details

Bedrooms
3
Type
Flat
Area
893 sqft

Description

This spacious three-bedroom apartment boasts an enviable seaside location, situated near the vibrant Old Town and Northdown Road. While it requires some refurbishment to reach its full potential, the property already offers generous living space, including a private courtyard. The layout features three double bedrooms, with the master benefiting from an en suite bathroom, alongside a family bathroom that could use a modern touch. The open-plan living room and kitchen area is highlighted by a vaulted ceiling, adding character and ambiance. With a share of freehold included and no chain involved, this property represents a unique opportunity for cash buyers to invest in a desirable coastal location worthy of transformation.

Investment Analysis

(CT9 area)

Below Market Value

This property is priced -37.7% below area average per sq ft

-37.7%
Potential saving
This Property
£190/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£248
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£300,044
10% above area average per sq ft
Potential ROI
+42.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (CT9)

Area prices are stable by +0.5% over the last 12 months
3 year growth: -2.7%
5 year growth: +12.6%
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

Ethelbert Crescent, Margate, Kent, CT9
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£613
Based on a loan of £127,500 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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