Reduced
20 photos · FloorplanFor saleReduced 2 Oct 2026
£120,000
St. Peters Road, Margate, Kent, CT9 1TJ
2bedrooms
1bathroom
Flattype
Leaseholdtenure
Listed 27 May 2026 · price reduced 2 Oct 2026 · Margate
How the price compares
This home£120,000
Median 2 bed in CT9£220k167 homes listed · £311 per sq ft
Difference-45%below the area median
About this home
THIS PROPERTY CAN BE SOLD WITH A BRAND NEW LEASE.
Sold Vacant
The flat offers a bright lounge, separate kitchen, two bedrooms and a bathroom. While some updating would really bring it to life, it provides plenty of potential for buyers to add their own style and create a comfortable home or attractive investment.
Located close to local shops, schools, and transport links, the property is just a short distance from Margate’s sandy beaches, the popular Old Town and the Turner Contemporary. Westwood Cross shopping centre is also nearby, offering a wide choice of retail and leisure facilities, with excellent road and rail connections to London and beyond.
Key features:
• Two-bedroom flat • Spacious lounge and kitchen • Perfect for first-time buyers or investors • Opportunity to add value through refurbishment • Close to shops, schools, and transport • Easy reach of Margate seafront, Old Town, and Westwood Cross
With strong demand in Margate for both starter homes and rental properties, this flat represents an affordable entry into one of Kent’s most popular coastal towns.
Property details
- Property type
- Flat
- Council tax band
- A
- Tenure
- Leasehold
- Lease remaining
- 78 years left
- Service charge
- £600 per year
Floorplan
Location
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1 on this map
- Margate Station0.8 mi
- Westgate-on-Sea Station2.2 mi
- Broadstairs Station2.4 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.
| Address | Type | Sold | Price |
|---|---|---|---|
| Flat 4, 40, St Peters Road Margate CT9 1TJ | Flat Leasehold | 24 Aug 2026 | £85,000 |
| 44 St Peters Road Margate CT9 1TJ | Detached Freehold | 8 Aug 2025 | £670,000 |
| 46 St Peters Road Margate CT9 1TJ | Detached Freehold | 9 May 2025 | £710,000 |
| 44 St Peters Road Margate CT9 1TJ | Detached Freehold | 20 Sept 2024 | £615,000 |
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£600£12,000 deposit · £108,000 loan
Stamp Duty£0England 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 27 May 2026; details checked 7 Nov 2026. Latest change: reduced on 02/10/2026.
Agent disclaimer
Disclaimer - Property reference RMG250359. 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.
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