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£160,000
POA

2 bed house for sale Railway Terrace, Margate, CT9 5TG

2 beds 1 bath Terraced House
Tenure: ask agent

Added today

About this property

CJ006 Situated away from the main road, up a short flight of stairs and just moments from the heart of Margate, this charming two-bedroom mid-terrace home offers an excellent opportunity for first-time buyers, investors, or anyone looking to put their own stamp on a well-loved property. Ideally positioned within walking distance of Margate’s main sandy beaches, train station, and the popular Dreamland amusement park, the property combines convenience with plenty of potential. Built in the 1890s and lovingly maintained by the same family for the past six years, the accommodation is arranged over two floors and offers bright, practical living space throughout.

Key features

  • Located just moments from the Heart of Margate - walking distance from the main sands, train station and Dreamland.
  • Sunny aspect front and rear garden - perfect for entertaining guests.
  • Ideal first time buy or investment opportunity, with plenty of scope to personalise.
  • Two bedrooms.
  • Built in roughly the 1890s.
  • Lovely maintained by the same family for the past 6 years.
  • Downstairs, well-maintained bathroom.
  • Convenient lean to - ideal for additional storage.
  • Situated away from the main road, up a small flight of stairs.
  • Great catchment area for highly rated schools and transport links.

Floorplan

Location

Railway Terrace, Margate, CT9 5TG

Council tax
Band D (Approx £2,491/year)

Mortgage and stamp duty

Property price £160,000
£80k £240k
Deposit10% £16,000
£0 £160k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £144,000 mortgage. Most lenders would want a household income of about £32,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Historic sold prices nearby

HM Land Registry sales in CT9 5TG. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
9, Railway Terrace TerracedAug 2024753 sq ft £398/sq ft£300,000
4, Railway Terrace TerracedJan 2024495 sq ft £374/sq ft£185,000
1, Railway Terrace TerracedSept 2020646 sq ft £189/sq ft£122,000
5, Railway Terrace TerracedApr 2020603 sq ft £207/sq ft£125,000
9, Railway Terrace TerracedJul 2018753 sq ft £232/sq ft£175,000
11, Railway Terrace TerracedNov 20171,001 sq ft £145/sq ft£145,000
8, Railway Terrace TerracedDec 2015678 sq ft £177/sq ft£120,000
10, Railway Terrace TerracedApr 2014764 sq ft £150/sq ft£115,000

All sold prices in Margate →

Area insights

The neighbourhood around this property.

Marketed by
eXp UK, Charlie Mitchell
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