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For saleReduced 14 Apr 2026
£550,000Offers over

Grosvenor Place, MARGATE, Kent, CT9 1UW

8bedrooms
1bathroom
Terracedtype

Listed 26 Dec 2025 · price reduced 14 Apr 2026 · Margate

How the price compares

This home£550,000
Median 8 bed in Margate£550k1 homes listed
Difference0%in line with the area

About this home

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.

Property details

Property type
Terraced
Council tax band
TBC

Floorplan

Focal Integrated

Location

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  • Margate Station0.4 mi
  • Westgate-on-Sea Station1.9 mi
  • Broadstairs Station2.9 mi

What nearby homes sold for

Median sold prices in CT9 over the last 12 months: terraced £265k · semi-detached £305k · flat £170k · detached £428k.

AddressTypeSoldPrice
110 Grosvenor Place
Margate CT9 1UY
Terraced
Freehold
26 Feb 2026£534,000
108 Grosvenor Place
Margate CT9 1UY
Terraced
Freehold
1 Oct 2025£432,500
45 Grosvenor Place
Margate CT9 1UW
Other
Freehold
3 Jun 2025£365,000
65 Grosvenor Place
Margate CT9 1UX
Terraced
Freehold
17 Apr 2025£190,000
Basement Flat, 118, Grosvenor Place
Margate CT9 1UY
Flat
Leasehold
24 Jul 2024£150,000
123 Grosvenor Place
Margate CT9 1UX
Terraced
Freehold
20 Feb 2024£350,000
Flat 2, 116, Grosvenor Place
Margate CT9 1UY
Flat
Leasehold
5 Feb 2024£106,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in CT9

Buying costs

Monthly repayment£2,751£55,000 deposit · £495,000 loan
Stamp Duty£17,500England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Mann, Ramsgate on Rightmove (original listing). First listed 26 Dec 2025; details checked 7 Nov 2026. Latest change: reduced on 14/04/2026.

Agent disclaimer

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.