Summary - Grosvenor Place, MARGATE, Kent, CT9 CT9 1UW
8 bed 1 bath Terraced
**Standout Features:**
- 8 spacious bedrooms, ideal for rental income
- Currently operating as a successful House in Multiple Occupation (HMO)
- Central location near Margate's seafront and vibrant town center
- Potential for further development or reconfiguration (subject to planning)
- Fast broadband and excellent mobile signal
- Close proximity to local schools, shops, and amenities
**Downsides:**
- Small plot size with limited outdoor space
- Property may require modernizing, particularly the utility room and bathrooms
- High crime rates and area deprivation may be concerns for some buyers
Nestled in the heart of Margate, this impressive 8-bedroom Victorian terrace offers an exceptional investment opportunity in one of Kent's most sought-after coastal towns. With spacious bedrooms and well-maintained communal areas, the property is currently fully let, providing strong rental yields and high demand among tenants. Its advantageous location, just a stroll from Margate Main Sands, local shops, and vibrant cafes, makes it perfect for young professionals seeking quality living by the coast.
The property holds exciting potential for further development or reconfiguration, whether you're looking to upgrade its current set-up or transform it into self-contained flats (subject to planning). While the plot is small and some areas may need modernization, the strong rental income and desirable location present an appealing package for investors or first-time buyers alike. Act quickly to explore this unique opportunity and envision the possibilities this home holds.
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