Miles & Barr Exclusive says ..

Property Oracle says ..

The property is located in Crawford Gardens, Margate, CT9, which is in the Cliftonville West area of Thanet, Kent. Cliftonville West benefits from being close to several well-regarded schools, including Cliftonville Primary School (Outstanding Ofsted rating) and Parkview Academy (Good Ofsted rating), both within a short distance. The area also has good transport links with Margate railway station approximately 3.14km away, providing connections to broader areas. The proximity to the seafront and local amenities would also be attractive to potential buyers. However, the provided data does not offer specific details on the immediate proximity of shops or other places of significance, preventing a more precise assessment of location quality.

Based on the provided images, the property appears to be a period property, possibly Edwardian or Victorian in style, exhibiting features such as high ceilings, ornate cornicing, and original fireplaces. While some rooms show signs of recent modernisation, such as updated bathrooms and kitchens, other areas appear to be in need of renovation or modernisation. The flooring in several rooms is worn or unfinished, and some areas look dated. The garden, while present, appears to be somewhat neglected and requires attention. Therefore, a comprehensive renovation would likely be needed to fully realise the property’s potential. The presence of a basement adds potential for additional living space or storage, but the current state appears unfinished and requires work.

The property has a plot size of 0.00 sqft, which is unusual and may indicate an error in the listing. More information is required to accurately assess the land available with the property.

The list price of £575,000 is significantly higher than the average house price in the area (£298,010). Considering the average price per square foot of £231 and the property’s size of 2,568 sqft, a rough estimate of its value based solely on size would be around £592,000. However, the property’s condition and the need for significant renovation must be factored in. The discrepancy between the list price and the average house price, coupled with the need for renovations, makes the asking price seem high compared to comparable properties in the area. The lack of plot size information further complicates a definitive price assessment. A more thorough analysis would require detailed information on the plot size and a professional valuation to determine a fair market price.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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