Grosvenor Place, Margate, CT9
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Grosvenor Place, Margate, CT9

By Lovetts Property Services

£ 750,000

Reviews

2 out of 5 stars

Lovetts Property Services says ..

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...

Property Oracle says ..

This is a substantial block of apartments located in the heart of Margate. The property offers eight bedrooms and four bathrooms, making it suitable for a large family or multiple occupants. While the property benefits from its central location and proximity to amenities, it requires some modernisation to reach its full potential. The small garden is a pleasant addition, although it needs some attention. Overall, this property presents a good investment opportunity for those willing to undertake some renovation work.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
5
Location
7
Land
3
Bedrooms
8
Bathrooms
4

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
302,454.00 £
Increased by 12.94 %
from 267,806.00 £
Average area rental value
976.00 £/mo
Decreased by 10.62 %
from 1,092.00 £/mo
Est rental Yield
3.87 %
Decreased by 20.86 %
from 4.89 %
Crime Rate
22.00 %
Unchanged by 0.00 %
from 22.00 %

Agent Activity

  • Lovetts Property Services created the listing.

Nearby Schools

NameTypeOfstedDistance
Six Bells Children'S CentreChildren's Centre0.16 KM
Margate, Holy Trinity And St John'S Church Of England Primary SchoolVoluntary Controlled SchoolGood0.41 KM
Salmestone Primary SchoolAcademy Sponsor LedGood0.65 KM
St Gregory'S Catholic Primary School, MargateAcademy ConverterGood0.95 KM
Hartsdown AcademyAcademy ConverterRequires improvement1.42 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Covell's Row £ 000.00 KM
Alexandra Terrace £ 000.00 KM
Hall by the Sea Road £ 000.00 KM
Church Street £ 000.00 KM
Shakespeare Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Margate5018MAR1.05 KM
Westgate-On-Sea5195WGA4.77 KM
Ramsgate5023RAM5.58 KM
Broadstairs5006BSR6.34 KM
Dumpton Park5034DMP6.53 KM

Nearby Listings

AddressPriceTypeScoreDistance
Grosvenor Place, Margate, CT9 £ 750,000BUY5 / 100.00 KM
Grosvenor Place, Margate £ 475,000BUY5 / 100.01 KM
Grosvenor Place, Margate, Kent £ 112,500BUYUnknown0.01 KM
Grosvenor Place, Margate, Kent £ 190,000BUY6 / 100.01 KM
Grosvenor Place, Margate, Kent £ 170,000BUYUnknown0.01 KM

Nearby Properties

AddressPriceDistance
112 Grosvenor Place £ 305,0000.00 KM
106 Grosvenor Place £ 300,0000.00 KM
148a Grosvenor Place £ 110,0000.00 KM
88 Grosvenor Place £ 300,0000.00 KM
84a Grosvenor Place £ 65,0000.00 KM