Summary - 29 BROCKLEY ROAD MARGATE CT9 2BS
2 bed 1 bath Terraced
Compact buy-to-let with garden and good transport links.
Currently producing £12,000 per annum in rent
This mid-terraced Victorian two-bedroom house sits in central Margate and currently produces £12,000 per year, offering an existing income stream with vacant possession potentially available (notice served). At £240,000 the property presents as a straightforward buy-to-let or a first-step purchase for investors targeting inner‑urban rental stock.
Accommodation is compact but tidy: two double bedrooms, a sitting room with bay window, a separate lounge/diner, fitted kitchen and a small rear garden. The house is double glazed and gas‑central heated, presented in neutral decorative order and ready for re-letting or continued occupation with minimal immediate works.
Known drawbacks are factual and important. EPC rating D and solid brick walls (no known insulation) mean energy upgrades could be required to improve efficiency and running costs. The area records high crime and very high deprivation indices, which will affect tenant profile and long‑term capital growth expectations.
Operational positives include freehold title, good local amenity provision, fast broadband and an excellent mobile signal, and the property’s location about 1.0 mile from the train station which supports tenant demand. Buyers should factor in potential energy‑efficiency works, routine maintenance, and local market conditions when assessing yield and exit strategy.
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