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South East
£135,000Guide Price
Listed on 20/08/2026
Listed on 20/08/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This substantial semi-detached house in Margate presents an exciting opportunity for those looking to invest in a renovation project. With six generous bedrooms and versatile living spaces, it allows for creative redesigns to meet modern standards and personal tastes. The guide price of £135,000 is particularly appealing, being significantly below the local average of £306/sqf, offering a chance to acquire a property with excellent potential for value growth.
However, the property is in poor condition overall, with visible signs of neglect and damage throughout. The interiors, including the living areas, bedrooms, and kitchen, all require substantial refurbishment. This extensive work presents a heavy project scale, meaning you will need to budget between £30,000 and £50,000 for renovations to bring it up to standard. While this property is a blank canvas for those with vision, potential buyers should be prepared for the challenges that come with such a significant renovation.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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.
Tax
Indicative tax based on the asking price and the options you select.
Pricing
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