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Palm Bay Avenue, Cliftonville, Margate, Kent CT9 - Image 1
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Palm Bay Avenue, Cliftonville, Margate, Kent CT9

South East

£400,000

Listed on 02/05/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
1378 sqft

Description

This detached two-bedroom bungalow presents a distinctive opportunity for investors and those looking to create their ideal home by the sea. Located on Palm Bay Avenue, this property offers potential sea views and is in close proximity to the seafront, making it a rare find. The interior includes two spacious double bedrooms, a generous living area, and an inviting conservatory that could benefit from modern updates. While the bungalow requires some renovation to reach its full potential, it boasts a well-sized kitchen, a family bathroom, and a manageable south-facing garden for outdoor enjoyment. Additional features include ample parking with a garage and driveway, perfect for families or guests. Given its prime location near local shops and excellent transport links to Margate and beyond, this property is set to become a wonderful home or investment with the right enhancements.

Investment Analysis

(CT9 area)

Below Market Value

This property is priced -5.6% below area average per sq ft

-5.6%
Potential saving
This Property
£290/sq ft
Area Average
£307/sq ft
Avg Rent (weekly)
£231
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£466,033
10% above area average per sq ft
Potential ROI
+5.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
51
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (CT9)

Area prices are stable by +1.0% over the last 12 months
3 year growth: -2.4%
5 year growth: +8.3%
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

Palm Bay Avenue, Cliftonville, Margate, Kent CT9
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,427
Based on a loan of £300,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

Price History

-20.0% since listed
£400,000£100,000(-20.0%)
17/04/2026
Current price
£500,000Initial listing
06/07/2025

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