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8 bedroom terraced house for sale
Grosvenor Place, Margate, Kent CT9
£575,000
Grosvenor Place, Margate, Kent CT9
£575,000
Price History
| Initial price | £625,000 |
| 31/07/25 | £600,000 |
| 26/12/25 | £575,000 |
| Price Change | -8.00% |
Description
This impressive 8-bedroom property in Margate's vibrant town centre and seafront offers a rare and lucrative investment opportunity. Currently operating as a successful House in Multiple Occupation, the property is achieving a good rental yield with all rooms let and consistent demand. The property is set across multiple floors, with generously proportioned bedrooms and shared communal facilities including multiple bathrooms and a well-maintained kitchen/lounge area. With scope for further development or reconfiguration, this property presents an opportunity to upgrade the current setup or explore the potential for self-contained flats (subject to planning). Its sought-after central location, walking distance to Margate Main Sands, Old Town, and Margate Station, makes it an attractive option for young professionals, creatives, and commuters looking for quality coastal living.