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Victoria Avenue, Margate, Kent, CT9

South East

£265,000

Listed on 26/05/2026

Property details

Bedrooms
3
Type
Terraced
Area
1055 sqft

Description

This period terrace home presents a promising renovation opportunity in a desirable location. With no onward chain, it is ideally suited for families, first-time buyers, or investors looking to capitalize on the potential for modernisation. The property offers three generously sized bedrooms, alongside a versatile dining room that could easily function as an additional bedroom or reception area, catering to various living needs. At the centre of the home lies a spacious kitchen/diner, perfect for everyday family life and entertaining guests. While updates are required throughout, this creates an excellent chance to design a residence tailored to individual tastes and requirements. The property is equipped with a first-floor bathroom, double glazing, and central heating for year-round comfort. A cellar adds valuable storage space, while the enclosed rear garden offers low-maintenance outdoor leisure options. Positioned conveniently near QEQM Hospital and Margate's vibrant Old Town with its array of shops and eateries, this property holds significant appeal for those seeking to invest in an up-and-coming area.

Investment analysis

(CT9 area)

Below Market Value

This property is priced -17.8% below area average per sq ft

-17.8%
Potential saving
This Property
£251/sq ft
Area Average
£306/sq ft
Avg Rent (weekly)
£237
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£354,765
10% above area average per sq ft
Potential ROI
+16.3%
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
7%
Properties sold annually

Local Market Trend (CT9)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -2.8%
5 year growth: +6.4%
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

Victoria Avenue, Margate, Kent, CT9
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,001
Based on a loan of £198,750 over 30 years at 4.45% 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

Price History

-5.4% since listed
£265,000£15,000(-5.4%)
29/06/2026
Current price
£280,000Initial listing
26/05/2026

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