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Railway Terrace, Margate, CT9 5TG

South East

£180,000

Listed on 13/06/2026

Property Details

Bedrooms
2
Type
Terraced
Area
646 sqft

Description

Nestled just off the main thoroughfare and a short staircase away from the vibrant centre of Margate, this two-bedroom mid-terrace property presents an appealing opportunity for both first-time homebuyers and investors seeking to add value. Its proximity to Margate's sandy beaches, train station, and the iconic Dreamland amusement park adds to its investment appeal. Dating back to the 1890s, this home has been cared for by the same family for six years but now awaits a new owner willing to modernise and personalise the space. The layout spans two levels with ample natural light illuminating the practical living areas. Upon entry, a spacious lounge greets you—an inviting space that leads seamlessly into the kitchen, which opens up to the rear of the house. The ground floor is complete with a well-kept bathroom and a useful lean-to storage area that offers additional functionality. Upstairs, there are two bedrooms—the master being a sizeable double, while the second room serves as a versatile space suitable for use as an office or guest bedroom. Externally, both front and rear gardens enhance the property's charm, with the sunny rear garden providing an excellent outdoor retreat for relaxation or entertaining during warmer months. Benefiting from its location within a sought-after school district and excellent transport links, this property not only offers immediate comfort but also significant potential for enhancement at your discretion.

Investment Analysis

(CT9 area)

Below Market Value

This property is priced -8.7% below area average per sq ft

-8.7%
Potential saving
This Property
£279/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£240
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£216,911
10% above area average per sq ft
Potential ROI
-1.4%
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

Railway Terrace, Margate, CT9 5TG
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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
£680
Based on a loan of £135,000 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

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