1/15

2 bed flat for sale St. Peters Road, Margate, CT9

Asking price

£120,000

Reduced on 03/10/2026

Type: Flat
Bedrooms: 2
Bathrooms: 1
Size: £152 per sq ft
Tenure: Leasehold

About this property

THIS PROPERTY CAN BE SOLD WITH A BRAND NEW LEASE.

Sold Vacant

The flat offers a bright lounge, separate kitchen, two bedrooms and a bathroom. While some updating would really bring it to life, it provides plenty of potential for buyers to add their own style and create a comfortable home or attractive investment.

Located close to local shops, schools, and transport links, the property is just a short distance from Margate’s sandy beaches, the popular Old Town and the Turner Contemporary. Westwood Cross shopping centre is also nearby, offering a wide choice of retail and leisure facilities, with excellent road and rail connections to London and beyond.

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.

Price guide

66 comparables · within 2.9 miles

Cheaper than 100% of the 2-bed flats for sale nearby right now.

This home, £120,000 Median £200,000 · £147,500 – £295,000

Per square foot

£152 45% under

2-bed flats nearby £274

Against sold prices

50% under

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

Compared with 66 2-bed flats 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

St. Peters Road, Margate, CT9

Open map Street View

Mortgage and stamp duty

Property price £120,000

£60k £180k

Deposit10% £12,000

£0 £120k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £108,000 mortgage. Most lenders would want a household income of about £24,000 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
44, St Peters Road Detached	Detached	Aug 2025	1,270 sq ft £528/sq ft	1,270 sq ft	£528	£670,000
46, St Peters Road Detached	Detached	May 2025	2,637 sq ft £269/sq ft	2,637 sq ft	£269	£710,000
44, St Peters Road Detached	Detached	Sept 2024	1,270 sq ft £484/sq ft	1,270 sq ft	£484	£615,000
44, St Peters Road Detached	Detached	Nov 2022	1,270 sq ft £360/sq ft	1,270 sq ft	£360	£457,500
Flat 2, 45, St Peters Road Flat / maisonette	Flat / maisonette	Oct 2022	624 sq ft £232/sq ft	624 sq ft	£232	£145,000
Flat 3, 45, St Peters Road Flat / maisonette	Flat / maisonette	Dec 2021	980 sq ft £133/sq ft	980 sq ft	£133	£130,000
Flat 2, 45, St Peters Road Flat / maisonette	Flat / maisonette	Sept 2018	624 sq ft £213/sq ft	624 sq ft	£213	£133,000
Flat 4, 40, St Peters Road Flat / maisonette	Flat / maisonette	Dec 2017	570 sq ft £196/sq ft	570 sq ft	£196	£112,000