Wards says ..
This second floor apartment presents an excellent renovation opportunity. In need of full refurbishment throughout this property offers a blank canvas for those looking to create their ideal living space or a profitable investment.
Property Oracle says ..
This property is a one-bedroom apartment located on Avenue Road in Herne Bay, Kent. The listing price is £95,000. While the location benefits from proximity to Herne Bay train station (0.75km) and several schools within a 1.5km radius (Fairlight Glen Independent Special School, The Poppy Children’s Centre, Herne Bay Infant School, Herne Bay Junior School, and Herne Bay High School), the property itself requires significant renovation. The images reveal a property in poor condition, with outdated fixtures, damaged walls, and worn flooring. The lack of information regarding square footage and plot size makes a comprehensive evaluation challenging. However, considering comparable properties in the area (ranging from £87,000 to £200,000 for flats and semi-detached houses), the list price appears reasonable, given the need for extensive refurbishment. The average house price in the area is significantly higher (£341,845), but this is skewed by larger properties. This property presents a potentially good investment opportunity for someone willing to undertake a full renovation.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 3
- Location
- 7
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
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Metrics Year-on-Year
- Average area value
- 316,612.00 £Decreased by 3.71 %
- Average area rental value
- 1,188.00 £/moIncreased by 4.39 %
- Est rental Yield
- 4.50 %Increased by 8.43 %
- Crime Rate
- 21.00 %Unchanged by 0.00 %
Agent Activity
Wards created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Fairlight Glen Independent Special School | Other Independent Special School | Good | 0.50 KM |
| The Poppy Children'S Centre | Children's Centre | 0.63 KM | |
| Herne Bay Infant School | Community School | Good | 1.09 KM |
| Herne Bay Junior School | Foundation School | Good | 1.11 KM |
| Herne Bay High School | Academy Converter | Good | 1.31 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Richmond Mews | £ 240,000 | 0 | 0.00 KM |
| Queen Street | £ 0 | 0 | 0.00 KM |
| West Hill Road | £ 0 | 0 | 0.00 KM |
| Orchard Road | £ 0 | 0 | 0.00 KM |
| Prospect Hill | £ 662,500 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Herne Bay | 5174 | HNB | 0.75 KM |
| Chestfield And Swalecliffe | 5200 | CSW | 5.94 KM |
| Sturry | 5029 | STU | 7.80 KM |
| Whitstable | 5196 | WHI | 9.65 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Avenue Road, Herne Bay, Kent | £ 95,000 | BUY | 4 / 10 | 0.00 KM |
| Avenue Road, Herne Bay, Kent, CT6 | £ 365,000 | BUY | 7 / 10 | 0.03 KM |
| St. George's Terrace, Herne Bay, Kent | £ 116,000 | BUY | 6 / 10 | 0.04 KM |
| St. George's Terrace, Herne Bay, Kent | £ 175,000 | BUY | 5 / 10 | 0.04 KM |
| St. George's Terrace, Herne Bay, Kent | £ 165,000 | BUY | 5 / 10 | 0.04 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 17 Avenue Road | £ 143,000 | 0.01 KM |
| 25 Avenue Road | £ 200,000 | 0.01 KM |
| 15 Avenue Road | £ 130,000 | 0.01 KM |
| 22a Avenue Road | £ 87,000 | 0.02 KM |
| 26 Avenue Road | £ 280,000 | 0.02 KM |