Worst House on the Street Logo
Canterbury Road, Margate, CT9 - Image 1
Canterbury Road, Margate, CT9 - Image 2
Canterbury Road, Margate, CT9 - Image 3
Canterbury Road, Margate, CT9 - Image 4
Canterbury Road, Margate, CT9 - Image 5
Canterbury Road, Margate, CT9 - Image 6
Canterbury Road, Margate, CT9 - Image 7
Canterbury Road, Margate, CT9 - Image 8
Canterbury Road, Margate, CT9 - Image 9
Canterbury Road, Margate, CT9 - Image 10
Canterbury Road, Margate, CT9 - Image 11
Canterbury Road, Margate, CT9 - Image 12
Canterbury Road, Margate, CT9 - Image 13
Canterbury Road, Margate, CT9 - Image 14
Canterbury Road, Margate, CT9 - Image 15
Canterbury Road, Margate, CT9 - Image 16
Canterbury Road, Margate, CT9 - Image 17
Canterbury Road, Margate, CT9 - Image 18
Canterbury Road, Margate, CT9 - Image 19
Canterbury Road, Margate, CT9 - Image 20
Canterbury Road, Margate, CT9 - Image 21

Canterbury Road, Margate, CT9

South East

£420,000
Listed on 06/05/2026

Property Details

Bedrooms
7
Type
Terraced
Area
2024 sqft

Description

This four-storey Victorian property presents an exciting refurbishment opportunity that doesn’t strive for perfection but instead offers substantial potential. Located just a short stroll from the station, you can enjoy high-speed access to central London in just over an hour, making it ideal for commuters. Previously operated as a bed and breakfast, the house features a 7-bedroom configuration resulting from previous alterations, though its original design included 5 bedrooms. The small courtyard garden at the rear adds to the charm of the property. While it requires significant work to restore and modernize, this project embodies the chance for creative transformation. Situated on one of Margate's vibrant thoroughfares with various independent shops nearby, this location benefits from proximity to both the seafront and Old Town. With Margate's ongoing revitalization, there's considerable investment potential here; a thoughtfully executed renovation could place this property at the higher end of the local market. It’s an empty canvas waiting for someone with vision to step in and begin reimagining its future. Potential buyers should be prepared for a serious renovation journey but will find themselves in a community that's dynamic and evolving.

Investment Analysis

(CT9 area)

Below Market Value

This property is priced -32.5% below area average per sq ft

-32.5%
Potential saving
This Property
£208/sq ft
Area Average
£307/sq ft
Avg Rent (weekly)
£231
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£684,507
10% above area average per sq ft
Potential ROI
+26.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
51
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (CT9)

Area prices are stable by +1.0% over the last 12 months
3 year growth: -2.4%
5 year growth: +8.3%
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

Canterbury Road, Margate, CT9
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,498
Based on a loan of £315,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates

Similar Properties