>
8 bedroom terraced house for sale
Grosvenor Place, MARGATE, Kent, CT9
£625,000
Grosvenor Place, MARGATE, Kent, CT9
£625,000
Our Summary
- Located just moments from Margate’s vibrant town centre and seafront, this impressive 8-bedroom licensed HMO presents a rare and lucrative investment opportunity in one of Kent’s fastest-growing coastal towns
- Set across multiple floors, the property has been well cared for and offers scope for further development or reconfiguration—whether to upgrade the current setup or explore the potential for self-contained flats (subject to planning)
- Key Features:• 8 spacious bedrooms• Licensed HMO generating consistent income• Potential for further development or enhancement• Well-presented communal areas• Sought-after central location• Walking distance to Margate Main Sands, Old Town, and Margate Station (direct links to London)Grosvenor Place is situated in the heart of Margate, close to local shops, cafes, and the Turner Contemporary Gallery
- Contact us today to arrange a viewing and explore the full potential of this unique opportunity
Description
This impressive 8-bedroom licensed HMO is a rare and lucrative investment opportunity in Margate's vibrant town centre and seafront. Currently operating as a successful House in Multiple Occupation, the property is generating a good rental yield with all rooms let and high demand. The property features generously proportioned bedrooms, shared communal facilities including multiple bathrooms and a well-maintained kitchen/lounge area, making it ideal for long-term tenants. With its central location, walking distance to Margate Main Sands, Old Town, and Margate Station, this property presents a unique opportunity for further development or reconfiguration, whether to upgrade the current setup or explore the potential for self-contained flats (subject to planning).