Skip to content
Get brand editions for Mann, Ramsgate

Grosvenor Place, MARGATE, Kent, CT9

PROPERTY TYPE

Terraced

BEDROOMS

8

BATHROOMS

1

SIZE

Ask agent

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Ask agent

Description

Located just moments from Margate’s vibrant town centre and seafront, this impressive 8-bedroom property presents a rare and lucrative investment opportunity in one of Kent’s fastest-growing coastal towns.

Currently operating as a successful House in Multiple Occupation, the property is achieving a good rental yield, with all rooms let and demand consistently high. Each bedroom is generously proportioned, with shared communal facilities including multiple bathrooms and a well-maintained kitchen/lounge area, ideal for long-term tenants.

Set across multiple floors, the property has been well cared for and offers scope for further development or reconfiguration—whether to upgrade the current setup or explore the potential for self-contained flats (subject to planning).

Key Features:

• 8 spacious bedrooms
• Potential for further development or enhancement
• Well-presented communal areas
• Sought-after central location
• Walking distance to Margate Main Sands, Old Town, and Margate Station (direct links to London)


Grosvenor Place is situated in the heart of Margate, close to local shops, cafes, and the Turner Contemporary Gallery. The area has seen significant regeneration and continues to attract young professionals, creatives, and commuters looking for quality coastal living.

Whether you’re expanding your portfolio or looking for a high-performing, ready-made investment—this property ticks all the boxes.

Contact us today to arrange a viewing and explore the full potential of this unique opportunity.


COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: TBC
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Ask agent
GARDENA property has access to an outdoor space, which could be private or shared.
Ask agent
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Ask agent

Grosvenor Place, MARGATE, Kent, CT9

Approximate location

Add an important place to see how long it'd take to get there from our property listings.

__mins driving to your place

Extension potential
Recently sold & under offer
See similar nearby properties
Get brand editions for Mann, Ramsgate

About Mann, Ramsgate

17 High Street, Ramsgate, CT11 9AG
Industry affiliations:

Mann estate agents has been assisting people with their property sales across Greater London, Hampshire, Kent, and Surrey for years. With local expertise and a robust branch network, every one of our branches are well-equipped to provide guidance at every phase of your property journey. If you're looking for help on your property search, contact us today.

Affordability

Monthly repayments£2,758
Property: £ 550,000
Deposit: £ 55,000
Interest rate: 5.33%
Term: 30 years
Powered byNatwest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Notes

These notes are private, only you can see them.

Staying secure when looking for property

Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.

Visit our security centre to find out more

Disclaimer - Property reference RMG240259. 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 Mann, Ramsgate. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

Map data ©OpenStreetMap contributors.