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Thanet Road, Margate, CT9

South East

£300,000
Listed on 26/03/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1039 sqft

Description

This three-bedroom mid-terrace house in Margate presents a promising opportunity for those looking to invest in a property with renovation potential. Located within a convenient distance to the town centre, the layout features an inviting entrance hall, a spacious lounge/dining area, and a kitchen that opens to a rear garden, offering a blank canvas for those interested in landscaping or outdoor enhancements. On the upper floor, you'll find three well-sized bedrooms alongside a family bathroom, making it suitable for various buyers including first-time homeowners and investors aiming for rental prospects. While the property is currently in need of modernisation and general improvements, it holds significant potential for value enhancement and could transform into a comfortable long-term home or lucrative rental option. With easy access to local amenities, sandy beaches, and public transport links, this property stands out not only for its versatility but also for its desirable location in the revitalised seaside town of Margate.

Investment Analysis

(CT9 area)

Below Market Value

This property is priced -5.5% below area average per sq ft

-5.5%
Potential saving
This Property
£289/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£248
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£349,099
10% above area average per sq ft
Potential ROI
+7.4%
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

Thanet Road, Margate, CT9
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,082
Based on a loan of £225,000 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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