
South East
£150,000
Listed on 08/09/2026
Listed on 08/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
At £150,000, this is a highly unusual project: a detached, Grade II listed former laundry within the historic Royal Sea Bathing Hospital complex, with planning consent stated for conversion to a three-bedroom home. The proposed layout and coastal Margate setting give it a clear vision, but the building is described as being in poor repair, with substantial sections of the roof structure lost. Floor area is missing, so value versus local £/sqf cannot yet be judged; the overall opportunity is therefore very uncertain.
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Transport
Margate Rail Station
0.2 miles
Train · Margate
Westgate-on-Sea Rail Station
1.3 miles
Train · Westgate-on-Sea
Birchington-on-Sea Rail Station
2.9 miles
Train · Birchington-on-Sea
Broadstairs Rail Station
3.4 miles
Train · Broadstairs
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
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.
Services
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