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17 & 17A, Garfield Road, Margate, Kent CT9 - Image 1
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17 & 17A, Garfield Road, Margate, Kent CT9 - Image 3

17 & 17A, Garfield Road, Margate, Kent CT9

South East

£260,000
Listed on 04/03/2026

Property Details

Bedrooms
3
Type
Flat

Description

This vacant freehold property has been converted into two split-level maisonettes, offering significant renovation potential for investors or homeowners looking to add value. The lower ground floor features a one-bedroom duplex that has seen most of its renovation completed, including installation of new electrics and a modern kitchen and bathroom, albeit requiring some finishing touches. The ground and first-floor two-bedroom duplex is currently in a rentable condition but would benefit from a thorough clean and minor decorative updates to enhance its appeal. With the seafront just a short walk away and local amenities within reach, this property stands as an attractive option for those interested in transforming it into desirable rental units or personal residences. The external spaces include a manageable garden area primarily paved with flower borders, providing opportunities for landscaping or functional use. Located in Margate, known for its coastal charm and accessibility to London via fast train services, this property presents a promising investment opportunity.

Investment Analysis

(CT9 area)
Area Average
£305/sq ft
Avg Rent (weekly)
£248
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (CT9)

Area prices are stable by +0.5% over the last 12 months
3 year growth: -2.7%
5 year growth: +12.6%
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

17 & 17A, Garfield Road, Margate, Kent CT9
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£938
Based on a loan of £195,000 over 30 years at 4.06% 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.

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