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8 bed house for sale Grosvenor Place, Margate, CT9

Offers over

£550,000

Added on 27/09/2026

Type: Terraced
Bedrooms: 8
Bathrooms: 1
Size: £264 per sq ft
Tenure: Ask agent

About this property

Located just moments from Margate’s vibrant town centre and seafront, this impressive 8-bedroom property presents a rare and lucrative investment opportunity in one of Kent’s fastest-growing coastal towns. Currently operating as a successful House in Multiple Occupation, the property is achieving a good rental yield, with all rooms let and demand consistently high. Each bedroom is generously proportioned, with shared communal facilities including multiple bathrooms and a well-maintained kitchen/lounge area, ideal for long-term tenants.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,661
Band B

£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

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Thanet, 2026/27 bills run from £1,661 a year in band A to £4,982 in band H.

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.

Property timeline

Listed

September 2026 £550,000

8 beds · 1 bath · this listing

Past sales can't be shown: the agent hasn't given the house number.

Price guide

40 comparables · within 2.9 miles

Cheaper than 60% of the 5+ bed houses for sale nearby right now.

This home, £550,000 Median £600,000 · £397,500 – £1,345,000

Per square foot

£264 In line

5+ bed houses nearby £265

Against sold prices

13% under

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

Compared with 40 5+ bed houses for sale within 2.9 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

Grosvenor Place, Margate, CT9

Open map Street View

Mortgage and stamp duty

Property price £550,000

£275k £825k

Deposit10% £55,000

£0 £550k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £495,000 mortgage. Most lenders would want a household income of about £110,000 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
28, Grosvenor Place Detached	Detached	Mar 2022	1,001 sq ft £260/sq ft	1,001 sq ft	£260	£260,000
7, Grosvenor Place Detached	Detached	Mar 2021	1,884 sq ft £307/sq ft	1,884 sq ft	£307	£578,500
32, Grosvenor Place Terraced	Terraced	Nov 2020	2,110 sq ft £230/sq ft	2,110 sq ft	£230	£485,000
52, Grosvenor Place Terraced	Terraced	Apr 2019	2,271 sq ft £170/sq ft	2,271 sq ft	£170	£385,000
30, Grosvenor Place Terraced	Terraced	May 2017	1,862 sq ft £113/sq ft	1,862 sq ft	£113	£210,000
32, Grosvenor Place Terraced	Terraced	Apr 2017	2,110 sq ft £137/sq ft	2,110 sq ft	£137	£290,000
58, Grosvenor Place Terraced	Terraced	Nov 2016	n/a	n/a	n/a	£224,000
8, Grosvenor Place Terraced	Terraced	Jul 2016	n/a	n/a	n/a	£145,000