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About this property

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.

Key information

Council Tax Band: Contact branch

Tenure: Contact branch

  • Utility supply:

    • Electric: Ask agent
    • Water: Ask agent
    • Heating: Ask agent
    • Broadband: Ask agent
    • Sewerage: Ask agent

    Rights and restrictions:

    • Private rights of way: Ask agent
    • Public rights of way: Ask agent
    • Listed property: Ask agent
    • Restrictions: Ask agent

    Risks:

    • Flooded in last 5 years: Ask agent
    • Flood defences: Ask agent
    • Source of flood: Ask agent

Energy Performance Certificate

EPC
  • Property responsive
    Grosvenor Place, MARGATE, Kent, CT9 8 terraced house
    £
    £
    £
    Years
    %
    * Estimated monthly repayment: £...

    *Please be aware, these results are for illustrative purposes only and should not be considered as a mortgage quote. These are based on a repayment mortgage and may vary depending on the term and interest rate of your mortgage. Lender fees may also be applicable. If you would like guidance on the right mortgage for you, we recommend speaking to a Countrywide Mortgage Services Consultant who will be more than happy to help.

    The 4.7% annual interest rate is based on the Connells Group average mortgage interest rate taken from the period of 01/01/2024 – 31/12/2024 and is correct as at 13/02/2025.

Agent details

Ramsgate

    17 High Street
    Ramsgate
    Kent
    CT11 9AG
Phone Icon Icon set Phone 01843880166

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Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.

Countrywide Mortgage Services and Countrywide Insurance Services are trading names of Countrywide Principal Services Ltd which is authorised and regulated by the Financial Conduct Authority (Firm Registration Number 301684). Registered Office: Countrywide House, 6 Caldecotte Lake Business Park, Caldecotte Lake Drive, Milton Keynes, MK7 8JT. Registered in England no. 01707341.