Cobbs Place, Margate, CT9
MI

Cobbs Place, Margate, CT9

By Miles & Barr

£ 70,000

Reviews

3 out of 5 stars

Miles & Barr says ..

Miles and Barr are delighted to offer this one bedroom retirement apartment in Homefern House, Margate. An ever popular location on the edge of the old town with easy access to all the local shops, eateries and amenities. This property is ideal for those looking for retirement accommod...

Property Oracle says ..

This property is a one-bedroom flat located in Margate, Kent. The flat is situated within walking distance of Margate town centre and its amenities, as well as being conveniently located near several primary schools with good Ofsted ratings. Transport links are also readily available, with Margate railway station approximately 1.43km away. Based on the images provided, the property appears to be in reasonable condition, although some modernisation may be desired by potential buyers. The property is smaller than the average property in the area, and the price per sqft is significantly lower than the local average. However, the list price is considerably lower than the average property price in the area, suggesting that the property may represent good value for money, particularly for first-time buyers or investors.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
6
Location
7
Land
3
Bedrooms
1
Bathrooms
1
Sqft (est)
419.47
Lot (est)
475.76

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
302,454.00 £
Increased by 12.94 %
from 267,806.00 £
Est sale value
268,041.33 £
Increased by 208.70 %
from 86,830.29 £
Average area rental value
976.00 £/mo
Decreased by 10.62 %
from 1,092.00 £/mo
Est letting value
838.94 £/mo
from 0.00 £/mo
Est rental Yield
3.87 %
Decreased by 20.86 %
from 4.89 %
Crime Rate
34.00 %
Unchanged by 0.00 %
from 34.00 %

Agent Activity

  • Miles & Barr created the listing.

Nearby Schools

NameTypeOfstedDistance
Margate, Holy Trinity And St John'S Church Of England Primary SchoolVoluntary Controlled SchoolGood0.52 KM
Six Bells Children'S CentreChildren's Centre0.68 KM
Cliftonville Children'S CentreChildren's Centre1.26 KM
Salmestone Primary SchoolAcademy Sponsor LedGood1.32 KM
Lighthouse SchoolOther Independent Special SchoolGood1.37 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Fountain Inn Court £ 300,00000.00 KM
Holiday Square £ 000.00 KM
Dane Hill Grove £ 000.00 KM
Gallery Walk £ 000.00 KM
Clifton Walk £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Margate5018MAR1.43 KM
Westgate-On-Sea5195WGA5.14 KM
Ramsgate5023RAM6.03 KM
Broadstairs5006BSR6.39 KM
Dumpton Park5034DMP6.77 KM

Nearby Listings

AddressPriceTypeScoreDistance
Cobbs Place, Margate, CT9 £ 70,000BUY6 / 100.00 KM
Cobbs Place, Margate, CT9 £ 69,995BUY6 / 100.00 KM
Cobbs Place, Margate, Kent £ 60,000BUY5 / 100.01 KM
Cobbs Place, Margate, Kent £ 55,000BUY5 / 100.01 KM
Cobbs Place, Margate, CT9 £ 50,000BUYUnknown0.08 KM

Nearby Properties

AddressPriceDistance
92a Trinity Square £ 180,0000.04 KM
90 Trinity Square £ 240,0000.04 KM
89 Trinity Square £ 152,5000.04 KM
2 Trinity Square £ 315,0000.09 KM
16 Trinity Square £ 110,0000.09 KM