Worst House on the Street Logo
Ethelbert Crescent, Margate, Kent CT9 - Image 1
Ethelbert Crescent, Margate, Kent CT9 - Image 2
Ethelbert Crescent, Margate, Kent CT9 - Image 3

Ethelbert Crescent, Margate, Kent CT9

South East

£170,000
Listed on 01/04/2026

Property Details

Bedrooms
3
Type
Flat
Area
781 sqft

Description

This spacious three-bedroom seafront apartment presents an exciting opportunity for cash buyers looking to invest in a property with significant potential. Located near the bustling Old Town and Northdown Road in Cliftonville, this residence offers generous living spaces including three well-proportioned double bedrooms, with the master featuring an ensuite bathroom. A family bathroom is also present, catering to all your needs. The open-plan living room and kitchen area, enhanced by a vaulted ceiling, allow for versatile design options. Although the property requires some tender loving care (TLC), it boasts its own courtyard, which could be transformed into a charming outdoor retreat. With a share of the freehold included and no chain involved, this apartment represents a unique chance to create a personalized coastal home or profitable rental investment in an increasingly desirable area.

Investment Analysis

(CT9 area)

Below Market Value

This property is priced -28.5% below area average per sq ft

-28.5%
Potential saving
This Property
£218/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£241
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£261,596
10% above area average per sq ft
Potential ROI
+18.9%
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

Ethelbert Crescent, Margate, Kent CT9
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£602
Based on a loan of £127,500 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates