9 New Cross Street, Margate, Kent, CT9 1EH - Image 1

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9 New Cross Street, Margate, Kent, CT9 1EH

London

£150,000Guide Price

Listed on 30/07/2026

Property details

Bedrooms

N/A

Type

End Of Terrace

Description

This three-storey end-of-terrace property with a basement presents a significant opportunity for builders and developers looking to undertake a comprehensive renovation project. Located in the heart of Margate, this house is ideally situated near an array of shopping and recreational facilities, making it an attractive prospect for future tenants or buyers. The property requires complete modernisation, allowing for full creative freedom on how to enhance and adapt the living space. Given its prime location close to transport links and the seaside, there’s substantial potential for transformation into a desirable residence or rental investment.

Investment analysis

(EN9 area)

Area Average

£444/sq ft

Avg Rent (weekly)

£341

Avg Yield

3.7%

Renovation Potential

Heavy Refurb

Est. Renovation Cost

£80,000 - £120,000

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

Average per month

Market Turnover

10%

Properties sold annually

Local Market Trend (EN9)

Area prices are stable by -1.1% over the last 12 months

3 year growth: -0.4%

5 year growth: +4.3%

Investment Disclaimer: Analysis based on EN9 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.

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Location

9 New Cross Street, Margate, Kent, CT9 1EH

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Mortgage calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments

£567

Based on a loan of £112,500 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.