Sponsored Get a Survey — free quotes via ReallyMoving
5 bed flat
Next Steps
Sponsored — free quotes via ReallyMoving
Get a Survey
Essential before buying a property with potential — compare up to 5 quotes free
Price History
Our Summary
- Scope to reconfigure the existing layout to create additional units (STPP)
- Significant potential to extend into the large loft space (STPP)
- ~ For Sale - Guide Price of £350,000-£400,000 | Please Quote BM1083 (Ben Morris ~ Bespoke Coastal Property) ~ 48 Victoria Road, Margate, CT9 1LW ~ Freehold | Arranged as Two Apartments (Two & Three Beds) | Development Potential (STPP) with Private Courtyard Garden Believed to have once served as the office building for the former potato factory that produced Margate’s chips, 48 Victoria Road is a distinctive freehold property comprising two generously scaled self-contained flats, each independently rented for the last 15 years without a single void period - a clear testament to the building’s strong rental appeal
- Flat 2 spans the upper floors and provides three bedrooms along with a substantial loft space offering clear potential for additional floorspace (STPP)
- For developers, there is scope to maximise the plot further
- Options include: • Extending into the large loft space (STPP) • Exploring reconfiguration of the existing layout to increase the number of units (STPP) • Utilising the depth of the garden for further enhancement, subject to planning A rare opportunity to acquire a characterful freehold block with strong existing income potential and multiple avenues for uplift - ideal for portfolio landlords, investor-developers, or those seeking a project with scale and flexibility
Get alerted when similar properties are listed — Subscribe
Description
This property, located at 48 Victoria Road in Margate, is a freehold building comprising two self-contained flats, each with its own private entrance and garden. The two-bedroom ground-floor flat has excellent proportions and potential for refurbishment or reconfiguration, while the three-bedroom flat above has a substantial loft space that could be converted into additional floorspace, subject to planning permission. The property has a strong rental history, with no void periods in the last 15 years, and is located in a popular area close to the seafront, Old Town, and fast train connections.
The property offers multiple opportunities for value-add, including extending into the loft space, reconfiguring the layout, or utilizing the garden for further enhancement, making it an attractive option for investors, developer-investors, or those seeking a project with scale and flexibility.