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2 bed house for sale Grotto Road, Margate, CT9

Asking Price

£230,000

Reduced on 14/10/2026

Type: Terraced
Bedrooms: 2
Bathrooms: 1
Size: £281 per sq ft
Tenure: Ask agent

Council tax Band B £1,937 a year

Key features

Two Bedroom Mid-Terrace Home
Accommodation Arranged Over Three Floors
Offered To The Market Chain Free
Deceptively Spacious Accommodation Throughout
Ideal First-Time Buy Or Investment
Excellent Potential To Make Your Own
Convenient Central Margate Location
Close To Seafront & Local Amenities

About this property

Situated along the conveniently located Grotto Road in Margate, this two-bedroom mid-terrace home offers deceptively spacious accommodation arranged across three floors and is being offered to the market chain free, making it an ideal opportunity for first-time buyers, investors or those looking to put their own stamp on a property.

Floorplan

Council tax

Band B £1,937 a year

Per year

Band A

£1,661
Band B

This home: £1,937
Band C

£2,214
Band D

£2,491
Band E

£3,044
Band F

£3,598
Band G

£4,152
Band H

£4,982

This home is in band B, which costs £1,937 a year in Thanet for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Thanet, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Price guide

82 comparables · within 3 miles

Cheaper than 71% of the 2-bed houses for sale nearby right now.

This home, £230,000 Median £260,000 · £208,000 – £399,900

Per square foot

£281 15% under

2-bed houses nearby £331

Against sold prices

7% under

CT9 sold median £303 / sq ft, 1,105 sales

Compared with 82 2-bed houses for sale within 3 miles, on the market now or already under offer. The range is the middle 80% of their asking prices. Sold prices are HM Land Registry sales in CT9 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in CT9 →

Location

Grotto Road, Margate, CT9

Open map Street View

Mortgage and stamp duty

Property price £230,000

£115k £345k

Deposit10% £23,000

£0 £230k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £207,000 mortgage. Most lenders would want a household income of about £46,000 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.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
20, Grotto Road Terraced	Terraced	Jul 2026	700 sq ft £430/sq ft	700 sq ft	£430	£301,000
40, Grotto Road Terraced	Terraced	Jun 2023	291 sq ft £540/sq ft	291 sq ft	£540	£157,000
28, Grotto Road Terraced	Terraced	Dec 2022	969 sq ft £206/sq ft	969 sq ft	£206	£200,000
4, Grotto Road Terraced	Terraced	Sept 2022	624 sq ft £489/sq ft	624 sq ft	£489	£305,500
36, Grotto Road Terraced	Terraced	Aug 2022	850 sq ft £294/sq ft	850 sq ft	£294	£250,000
2, Grotto Road Terraced	Terraced	May 2022	1,012 sq ft £208/sq ft	1,012 sq ft	£208	£210,000
17, Grotto Road Terraced	Terraced	Jul 2021	700 sq ft £266/sq ft	700 sq ft	£266	£186,000
16, Grotto Road Terraced	Terraced	Jul 2020	775 sq ft £232/sq ft	775 sq ft	£232	£180,100