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8 Bed Flat, Single Let, Margate, CT9 1UY £750,000

Grosvenor Place, Margate, CT9 1UY - 3 views - 3 months ago
  1. Deal Search
  2. Margate
  3. CT9
  4. CT9 1UY
BTL
~248 m²

ValuationOvervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Margate
  • More Deals in CT9
  • More Single Let Deals
  • More Single Let Deals in Margate
  • More Single Let Deals in CT9

Property History

Listed for £750,000

September 27, 2025

Description

  • EPC Ratings - C, C, D, D +
  • 4, 2 Bedroom Flats +
  • Current Annual return of £33,540 P/a +
  • Potental Return of £45,000 P/a +
  • Close to local amenities +

Lovetts are pleased to bring to market this excellent chance to acquire a freehold block of four spacious two-bedroom flats, perfectly situated close to Margate’s Old Town, sandy beaches, and vibrant arts scene.

The property currently generates an annual rental income of £33,540 with one flat vacant, giving immediate scope to increase returns. Once fully let, the projected gross income is in excess of £45,000 per annum, making this an attractive addition to any investment portfolio.

Each flat offers well-proportioned accommodation and benefits from the area’s strong rental demand, excellent transport links, and proximity to local shops, restaurants, and the mainline station with high-speed services to London.

A rare opportunity to secure a solid income-producing asset in one of Kent’s most sought-after coastal locations.

Please note: Photos aren’t current and were taken before tenants moved in, and are only to be used to show the layout.

Agent Details

Lovetts Property Services, Cliftonville

01843 264713

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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