Lot 123
    Detached
    25 King Street
    Margate, Kent, CT9 1DD
    £325,000+
    Guide Price (plus fees)
    Number 1
    A Vacant Eight Bedroom Grade II Listed Semi-Detached (Ex-HMO) Offered With Planning Permission for Conversion into 3 x One Bedroom Flats

    Description

    The property comprises a Grade II Listed eight bedroom semi-detached previously used as HMO arranged over lower ground, ground and two upper floors.

    Tenure

    Freehold

    Location

    The property is situated in the desirable Old Town close to local shops and amenities. The open spaces of Dane Park and Margate Beach are within easy reach. Transport links are provided by Margate rail station.

    Accommodation

    Lower Ground Floor
    Basement

    Ground Floor
    Four Letting Rooms with Kitchenettes

    First Floor
    Two Letting Rooms with Kitchenettes
    Two Bathrooms
    Two Separate WCs
    Laundry Room

    Second Floor
    Two Letting Rooms with Kitchenettes

    Exterior

    The property benefits from a rear yard

    Planning

    Thanet District Council granted the following planning permission (ref: F/TH/24/1461) on 6th August 2025:
    'Change of Use of 8 bed HMO building to 1 x 2 bed flat and 1 x 1 bed flat'

    Tenancy

    The Property was previously used as HMO producing approximately £30,000 per annum when fully let.

    Note

    The vendor advises that there may be potential to convert the property back to its original state as a large family home (subject to obtaining all consents).

    EPC Rating

    G
    Viewing Schedule (No Booking Required)
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    Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

    Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

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