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8 bed property, in Grosvenor Place, £550,000
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8 bed terraced house

Grosvenor Place, MARGATE, Kent, CT9
£550,000
-4.3%
Freehold

Price History

Initial price £625,000
Apr 15, 2026 £550,000
Price Change -4.3%

This impressive 8-bedroom property in Margate's vibrant town centre and seafront offers a rare and lucrative investment opportunity. Currently operating as a successful House in Multiple Occupation, the property is achieving a good rental yield with all rooms let and consistent demand. The property is set across multiple floors, with generously proportioned bedrooms and shared communal facilities including multiple bathrooms and a well-maintained kitchen/lounge area. With scope for further development or reconfiguration, this property presents an opportunity to upgrade the current setup or explore the potential for self-contained flats (subject to planning). Its sought-after central location, walking distance to Margate Main Sands, Old Town, and Margate Station, makes it an attractive option for young professionals, creatives, and commuters looking for quality coastal living.