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Rancorn Road, Margate, Kent, CT9 - Image 1
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Rancorn Road, Margate, Kent, CT9

South East

£375,000
Listed on 02/04/2026

Property Details

Bedrooms
5
Type
Terraced
Area
1907 sqft

Description

Nestled just a short stroll from the sandy shores of Westbrook beach, this expansive period residence offers an exceptional opportunity for those willing to invest in a project with significant potential. The property requires comprehensive finishing touches throughout, presenting a blank slate for buyers eager to infuse their personal style while maintaining its historical charm. With four spacious floors of versatile living space, the layout accommodates various design possibilities. The lower ground level features a generous cellar that serves as an ideal storage solution or could be transformed into usable living space, pending necessary permissions. On the ground floor, you will find a lounge, separate dining room, and an unfitted kitchen/breakfast area that allows for a tailored installation according to your preferences. The first floor boasts an attractive split-level landing leading to four well-sized bedrooms, each brimming with character. Completing the accommodation on the second floor is a substantial double bedroom with a walk-in wardrobe and an expansive bathroom. This property represents a remarkable chance for those who appreciate period homes and are excited about creating their dream residence in a sought-after coastal setting.

Investment Analysis

(CT9 area)

Below Market Value

This property is priced -35.4% below area average per sq ft

-35.4%
Potential saving
This Property
£197/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£241
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£638,750
10% above area average per sq ft
Potential ROI
+34.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (CT9)

Area prices are stable by +1.4% over the last 12 months
3 year growth: -2.3%
5 year growth: +10.4%
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

Rancorn Road, Margate, Kent, CT9
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,328
Based on a loan of £281,250 over 30 years at 3.91% 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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