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Friends Avenue, Margate CT9 - Image 1
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Friends Avenue, Margate CT9

South East

£315,000
Listed on 09/03/2026

Property Details

Bedrooms
4
Type
Semi Detached
Area
1194 sqft

Description

Nestled on a tranquil residential street in Margate, this spacious 3/4 bedroom semi-detached house presents an excellent opportunity for both families and investors. The versatile layout spans two floors and includes a private rear garden, making it suitable for contemporary living needs or potential rental investment. With desirable features such as a welcoming entrance hallway, a generous living room with bay window, and a sizeable kitchen/dining area that opens to a conservatory, there is ample space for personalisation and modernisation to enhance your lifestyle. The ground floor's additional multi-purpose room can serve as a fourth bedroom, home office, or playroom, catering to diverse family requirements. Upstairs, the three well-sized bedrooms provide flexibility for families or guests, while the family bathroom offers the chance for refurbishment to meet modern standards. Outside, the driveway allows for off-street parking and the rear garden invites outdoor enjoyment with its patio area and mature greenery—a perfect canvas for landscaping enthusiasts. Positioned within easy reach of local amenities and transport links to Margate’s vibrant seafront and beyond, this property’s potential is ripe for exploration.

Investment Analysis

(CT9 area)

Below Market Value

This property is priced -13.4% below area average per sq ft

-13.4%
Potential saving
This Property
£264/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£241
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£399,930
10% above area average per sq ft
Potential ROI
+15.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (CT9)

Area prices are stable by +1.4% over the last 12 months
3 year growth: -2.3%
5 year growth: +10.4%
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

Friends Avenue, Margate CT9
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,116
Based on a loan of £236,250 over 30 years at 3.91% 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.

Price History

-4.5% since listed
£315,000£15,000(-4.5%)
09/03/2026
Current price
£330,000Initial listing
06/07/2025

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