Shottendane Road, Margate, Kent CT9
South East
£900,000
Listed on 15/09/2026
Listed on 15/09/2026
The listing
Property details
Bedrooms
—Type
LandDescription
Lot 2 comprises just over 1.2 acres of land at a former farmstead on the edge of Margate. Planning permission is stated to have been granted for seven detached homes on the former modern yard, with the majority of pre-commencement conditions discharged and commencement confirmed. The proposed homes have individual plots, and the site is described as enclosed by walls, established hedges and trees.
The wider farmstead includes a Grade II listed farmhouse, historic barns and modern agricultural buildings. The farmhouse and barns are available separately; the listing states that permission has been granted to convert the Cow Shed and Granary into single dwellings, including one with a substantial annexe. This lot is offered for unconditional purchase, subject to normal pre-exchange conditions. Planning details and the scope of the sale should be checked with the agent. Viewings are by prior arrangement because the site remains occupied.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
39out of 100
Grade ELow opportunity
Confidence: LOW
This is a substantial development project rather than a house renovation: the 1.2-acre farmstead site has established grounds and the listing says consent is in place for seven detached homes, with separate permissions for converting the Cow Shed and Granary. The existing sheds, hardstanding and rougher areas provide a clear blank canvas, while the mature trees and screened setting give the scheme character. The score is held back by limited evidence on value and project economics: floor area is missing, so value versus local £/sqf cannot yet be judged, and there is no renovation estimate or usable area to assess the economics.
Key opportunities
- Rework the modern yard and agricultural buildings into the seven detached homes described in the listing, subject to verifying the consent and delivery requirements.
- Use the walled, screened grounds, mature trees and established approach to shape a development with a stronger sense of place than a cleared site.
- The wider farmstead offers a heritage dimension: the listing describes separate permissions to convert the Cow Shed and Granary into dwellings.
Key risks
- The existing sheds, hardstanding and grounds make this a major site-delivery programme, with costs and timescales well beyond a cosmetic refresh.
- The photographs do not establish the structural condition of the older agricultural buildings; inspect them and verify the planning consents, conditions, boundaries and delivery requirements.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£3,400
Based on a loan of £675,000 over 30 years at 4.45% interest
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