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3 Railway Terrace, Margate, CT9 5TQ - Image 1
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3 Railway Terrace, Margate, CT9 5TQ

South East

£70,000Guide Price

Listed on 17/07/2026

Property details

Bedrooms
2
Type
Terraced
Area
588 sqft

Description

This vacant two-bedroom terraced house presents a promising opportunity for renovation and investment. While the property requires comprehensive modernization throughout, it offers significant potential for value addition, appealing to investors, developers, and prospective homeowners alike. The layout consists of a welcoming entrance hall leading to a spacious lounge, a fitted kitchen, and a ground-floor bathroom. Upstairs, you will find two generously sized double bedrooms that could be reconfigured or updated to meet contemporary living standards. Outside, the property includes a rear garden that enhances the outdoor space. Strategically located near Margate's amenities and cultural attractions, this home is perfect for those looking to create their ideal living environment while being close to local shops, schools, and transport links into London.

Investment analysis

(CT9 area)

Below Market Value

This property is priced -61.1% below area average per sq ft

-61.1%
Potential saving
This Property
£119/sq ft
Area Average
£306/sq ft
Avg Rent (weekly)
£237
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£197,727
10% above area average per sq ft
Potential ROI
+79.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

3 Railway Terrace, Margate, CT9 5TQ
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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
£264
Based on a loan of £52,500 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.

Stamp duty calculator

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