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Victor Avenue, Margate, CT9

South East

£475,000

Listed on 24/06/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1137 sqft

Description

This three-bedroom detached bungalow is a blank canvas situated just a short walk from the beach, offering potential sea views. Although the property requires modernisation, it boasts a spacious living room, a separate kitchen with ample cupboard space and a pantry, and access to a utility area. The layout includes two generously sized double bedrooms along with a smaller third bedroom that could alternatively serve as a dining room. The exterior features a driveway capable of accommodating multiple vehicles, an integral garage, and a private rear garden with mature shrubs. With options for extension (subject to planning permission), this property presents an excellent opportunity for investors or families looking to create their ideal home in a desirable location close to transport links and schools.

Investment Analysis

(CT9 area)

Above Market Value

This property is priced +36.9% above area average per sq ft

+36.9%
This Property
£418/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
£381,776
10% above area average per sq ft
Potential ROI
-25.9%
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

Victor Avenue, Margate, 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
£1,794
Based on a loan of £356,250 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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