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COMMERCIAL

Victoria Road, Margate, CT9

Guide Price
£350,000
eXp UK, South East
PROPERTY TYPE

Residential Development

BEDROOMS

5

BATHROOMS

2

SIZE

1,613 sq ft

150 sq m

Key features

  • Guide Price of £350,000-£400,000
  • Freehold building comprising two self-contained flats
  • Flat 1: spacious two-bedroom ground-floor flat with a large private garden
  • Flat 2: three-bedroom maisonette arranged over the first and second floors
  • Both flats independently let for 15 years with no voids
  • Large gated entrance with bespoke metal gates
  • Significant potential to extend into the large loft space (STPP)
  • Scope to reconfigure the existing layout to create additional units (STPP)
  • Generously sized rooms and strong rental demand in the area
  • Short walk to Margate Old Town, seafront and fast train links to London

Description

~ For Sale - Guide Price of £350,000-£400,000 | Please Quote BM1083 (Ben Morris ~ Bespoke Coastal Property)
~ 48 Victoria Road, Margate, CT9 1LW
~ Freehold | Arranged as Two Apartments (Two & Three Beds) | Development Potential (STPP) with Private Courtyard Garden

Believed to have once served as the office building for the former potato factory that produced Margate’s chips, 48 Victoria Road is a distinctive freehold property comprising two generously scaled self-contained flats, each independently rented for the last 15 years without a single void period - a clear testament to the building’s strong rental appeal.

Set behind large bespoke metal gates, Flat 1 occupies the entire ground floor and benefits from its own private entrance and a large garden that runs the full length of the property through to the pavement. This spacious two-bedroom flat offers excellent proportions and a layout well suited to either refurbishment or further reconfiguration.

Flat 2 spans the upper floors and provides three bedrooms along with a substantial loft space offering clear potential for additional floorspace (STPP). With its own private entrance and a traditional maisonette feel, the scale and layout present multiple value-add possibilities.

For investors, the property offers attractive fundamentals - long-term rental performance, generous internal space, and a location consistently popular with tenants due to its proximity to Margate Old Town, the seafront, and fast train connections.

For developers, there is scope to maximise the plot further. Options include:
• 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.

Energy Performance Certificates

EPC 1

Victoria Road, Margate, CT9

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Margate Station0.6 miles
  • Westgate-on-Sea Station2.1 miles
  • Broadstairs Station2.7 miles

About eXp UK, South East

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Disclaimer - Property reference S1511229. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by eXp UK, South East. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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