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South East
£150,000Guide Price
Listed on 05/10/2026
Listed on 05/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This two-bedroom terraced bungalow in Margate presents a substantial renovation opportunity for those looking to create their ideal home. While it shows signs of neglect and requires modernisation throughout, its competitive asking price of £150,000 is below local averages, making it an attractive prospect for investors or first-time buyers willing to tackle a project. The addition of a garden and shed provides further potential for outdoor enhancements, while the driveway offers convenient off-street parking.
However, the property is a heavy project with significant work needed across all areas, including the dated living spaces, bedrooms, kitchen, and bathroom. The overall condition suggests that a full-gut renovation will be necessary to unlock its true potential. With the right vision and investment, this bungalow could be transformed into a charming home in a desirable location near amenities.
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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.
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