Large bungalow with major renovation potential — auction sale, cash buyers preferred..
Three-bedroom detached bungalow on large corner plot
Requires complete refurbishment and updating throughout
Scope to extend/ enlarge subject to planning consent
Garage and driveway; gardens surround property
Sold by Modern Method of Auction; cash buyers preferred
Buyer pays Reservation Fee 4.5% (min £7,080) plus buyer pack fee
Possible roof and general maintenance issues visible
Area: higher crime rate and socioeconomic deprivation
Set on a large corner plot in Margate, this three-bedroom detached bungalow offers clear scope for uplift through full refurbishment or extension (subject to consent). The house is being sold by Modern Method of Auction with a starting price of £200,000; it requires complete updating throughout, making it most suitable for cash buyers or experienced renovators.
The property includes a garage, driveway and surrounding gardens, providing space to reconfigure or enlarge the footprint. The post‑war construction and double glazing are intact but the interior is dated and images indicate potential roof and general maintenance issues; buyers should allow for comprehensive works, including cosmetic and likely systems updates.
Important sale terms are material to any offer: this sale is by auction, a Buyer Information Pack (fee applies) must be purchased, and a non‑refundable Reservation Fee of 4.5% (min £7,080) is payable on exchange. If you require mortgage finance you should obtain lender confirmation before bidding; the sale is cash‑buyer oriented and chain‑free.
This is a pragmatic project for investors or builders seeking value-add in a seaside town with transport links to London and good local schools. The area has higher-than-average crime and local deprivation indicators; factor local market conditions and refurbishment costs into investment appraisals.
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