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8 Bed HMO, Margate, CT9 1DD £275,000

25 King Street, Margate, Kent, CT9 1DD - 3 views - 2 months ago
  1. Deal Search
  2. Margate
  3. CT9
  4. CT9 1DD
Auction
HMO
Planning
Inside Article 4
ROI: 4%
174 m²

ValuationUndervalued

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Links

  • More Deals in Margate
  • More Deals in CT9
  • More HMO Deals
  • More HMO Deals in Margate
  • More HMO Deals in CT9

Property History

Listed for £275,000

October 24, 2025

Description

Guide Price = **£275,000+

For Sale By Public Auction 12th November 2025 09:30 AM To inspect the legal documents for this property go to our website to download the legal pack

A Vacant Eight Bedroom Grade II Listed Semi-Detached (Ex-HMO) Offered With Planning Permission for Conversion into 1 x One Bedroom Flat and 1 x 2 Bedroom Flat.

**Tenure
Freehold

Location
The property is situated in the desirable Old Town close to local shops and amenities. The open spaces of Dane Park and Margate Beach are within easy reach. Transport links are provided by Margate rail station.

Description
The property comprises a Grade II Listed eight bedroom semi-detached previously used as HMO arranged over lower ground, ground and two upper floors.

Accommodation
Lower Ground Floor
Basement

Ground Floor
Four Letting Rooms with Kitchenettes

First Floor
Two Letting Rooms with Kitchenettes
Two Bathrooms
Two Separate WCs
Laundry Room

Second Floor
Two Letting Rooms with Kitchenettes

Exterior
The property benefits from a rear yard

Tenancy
The Property was previously used as HMO producing approximately £30,000 per annum when fully let.

Note
The vendor advises that there may be potential to convert the property back to its original state as a large family home (subject to obtaining all consents).

Planning
Thanet District Council granted the following planning permission (ref: F/TH/24/1461) on 6th August 2025:
'Change of Use of 8 bed HMO building to 1 x 2 bed flat and 1 x 1 bed flat'

EPC Rating
G

Viewing Schedule (No Booking Required)

Wednesday 5 November 12:00 - 12:30
Saturday 8 November 12:00 - 12:30

Agent Details

Auction House London, Hampstead

020 3897 6030

Next Steps?

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

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Investment Opportunity

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