5 bedroom semi-detached house for sale

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5 bedroom semi-detached house for sale

Victoria Road, Margate, CT9
£350,000

Our Summary

  • ~ Freehold | Arranged as Two Apartments (Two & Three Beds) | Development Potential (STPP) with Private Courtyard Garden
  • 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
  • • 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
  • Scope to reconfigure the existing layout to create additional units (STPP)
  • Significant potential to extend into the large loft space (STPP)

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.