>
8 bedroom terraced house for sale
Grosvenor Place, MARGATE, Kent, CT9
£600,000
Grosvenor Place, MARGATE, Kent, CT9
£600,000
Price History
Initial price | £625,000 |
31/07/25 | £600,000 |
Price Change | -4.00% |
Description
This impressive 8-bedroom property in Margate's vibrant town centre and seafront offers a rare investment opportunity in a rapidly growing coastal town. Currently operating as a successful House in Multiple Occupation, the property achieves a good rental yield with all rooms let and consistent demand. The spacious bedrooms share communal facilities, including multiple bathrooms and a well-maintained kitchen/lounge area, making it ideal for long-term tenants. With scope for further development or reconfiguration, this property presents a lucrative opportunity for investors, whether to upgrade the current setup or explore the potential for self-contained flats (subject to planning). Located in the heart of Margate, close to local shops, cafes, and the Turner Contemporary Gallery, this property is walking distance to Margate Main Sands, Old Town, and Margate Station, making it an attractive option for young professionals, creatives, and commuters seeking quality coastal living.