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Sea View Terrace, Margate, Kent, CT9 - Image 1
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Sea View Terrace, Margate, Kent, CT9

South East

£350,000

Listed on 03/06/2026

Property Details

Bedrooms
2
Type
Maisonette
Area
1283 sqft

Description

This two-bedroom split-level apartment situated in Seaview Terrace presents a noteworthy development opportunity, particularly appealing to investors and renovation enthusiasts. The property boasts impressive sea views over the promenade towards Westbrook Bay, enhancing its allure. Currently configured with two bedrooms and a bathroom on the lower ground floor, while the first floor hosts two reception rooms and a kitchen, it also features a garden and a garage with parking access at the rear. With dual access points—one through the communal hallway and another via steps to the lower ground—there is potential for reconfiguration; either as a well-detailed apartment or, with appropriate permissions, restructured into two separate flats. The property retains period charm, characterized by high ceilings, bay windows, and original cornicing details. In an area where parking is scarce, having both a garage and additional parking space significantly adds to its value. This represents an exciting project for those interested in expanding their portfolio or creating an attractive living space in a desirable seaside location. Margate offers vibrant community energy alongside cultural attractions like art galleries and amusement parks, all within easy reach of London’s transport links.

Investment Analysis

(CT9 area)

Below Market Value

This property is priced -10.6% below area average per sq ft

-10.6%
Potential saving
This Property
£273/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£240
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£430,799
10% above area average per sq ft
Potential ROI
+7.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (CT9)

Area prices are stable by +0.1% over the last 12 months
3 year growth: -2.2%
5 year growth: +8.6%
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

Sea View Terrace, 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
£1,322
Based on a loan of £262,500 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.

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