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8 bedroom semi-detached house for sale
25 King Street, Margate, Kent, CT9 1DD
£300,000
25 King Street, Margate, Kent, CT9 1DD
£300,000
Our Summary
- Guide Price = £300,000+ **For Sale By Public Auction 16th October 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
- 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 8 October 12:00 - 12:30 Saturday 11 October 10:00 - 10:30 Wednesday 15 October 12:00 - 12:30 Addendum Amended Guide Price: £300,000+ For the avoidance of doubt, planning has been granted for the change of use of an 8 bed HMO building to a 1 x 2 bed flat and 1 x 1 bed flat and not as previously stated
Description
This Grade II listed, eight-bedroom semi-detached property in Old Town, Margate, is being sold by public auction on October 16th, 2025. The property was previously used as a House in Multiple Occupation (HMO) and has planning permission to be converted into one two-bedroom flat and one one-bedroom flat. The property is situated close to local shops and amenities, with Dane Park and Margate Beach nearby. The property has a rear yard and benefits from a high rental income of approximately £30,000 per annum when fully let. 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 necessary consents. The property is being sold with an amended guide price of £300,000+ and viewing is available on select dates.