Reeds Rains says ..

Property Oracle says ..

The property is a 2 bedroom apartment located on Admirals Walk, South Road, Hythe, Kent, CT21 6AT. It is listed at £425,000 with 1124 sqft of living space. The average price for properties in the area is £498,567, with an average size of 1266 sqft and an average price per sqft of £393. The apartment benefits from a superb location directly overlooking the Hythe seafront. This provides stunning views and easy access to the beach and promenade. The proximity to the beach is a significant positive, enhancing the desirability and potential rental income of the property. The area also boasts good transport links with several Southeastern train stations within a reasonable distance. Several well-regarded primary schools are also nearby, making the location attractive to families. Based on the photographs, the apartment appears to be in good condition. The kitchen and bathroom have been recently modernised to a high standard. The rest of the apartment is well maintained, although the décor is traditional, and some may prefer a more modern style. There is no evidence of significant repairs or renovations needed. The property’s plot size is the same as its living space, 1124 sqft, suggesting a lack of private outdoor space. This is a common feature of apartments, particularly in coastal locations. Considering the property’s condition, location, and lack of outdoor space, the list price of £425,000 seems reasonable. The price per sqft is lower than the area average, reflecting the smaller plot size. However, the prime seafront location significantly offsets this. The nearby comparable properties support this assessment, with prices ranging from £330,500 to £500,000 for apartments. The higher priced properties are likely larger and/or have better views.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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