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Paragon, Ramsgate, CT11 9JX

South East

£600,000
Listed on 10/01/2026

Property Details

Bedrooms
9
Type
Terraced house
Area
4112 sqft

Description

This expansive five-storey period residence offers an exceptional opportunity for renovation, set against the picturesque backdrop of Ramsgate Harbour in the exclusive Paragon area. With stunning sea views and close proximity to a lively array of local dining and entertainment options, this property presents a blank canvas ready for transformation into a remarkable coastal home. The layout includes multiple reception areas and generously proportioned bedrooms across all five floors, allowing for versatile living arrangements that can adapt to various needs. The large basement introduces additional possibilities for conversion into living space or enhanced storage solutions. Furthermore, a detached garage at the rear comes with an extra storage area, hinting at potential for future development, pending planning approval. While the home requires significant modernisation, its strategic location, impressive vistas, and ample space underscore its potential as an outstanding investment opportunity in one of Ramsgate's most desirable locales.

Investment Analysis

(CT11 area)

Below Market Value

This property is priced -50.6% below area average per sq ft

-50.6%
Potential saving
This Property
£146/sq ft
Area Average
£295/sq ft
Avg Rent (weekly)
£251
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£1,335,927
10% above area average per sq ft
Potential ROI
+57.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (CT11)

Area prices are stable by +0.5% over the last 12 months
3 year growth: -12.0%
5 year growth: 13.9%
Investment Disclaimer: Analysis based on CT11 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

Paragon, Ramsgate, CT11 9JX
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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
£2,198
Based on a loan of £450,000 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.

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