1 Bed Apartment, Invicta Lodge, Margate
HO

1 Bed Apartment, Invicta Lodge, Margate

By Homewise

£ 251,265

Reviews

3 out of 5 stars

Homewise says ..

Guide price for a Home for Life Lifetime Lease for OVER 60s tailored to personal circumstances and requirements. Your price may vary. OVER 60s could SAVE up to 49% from the market value with a one-off payment for a Lifetime Lease on this property.

Property Oracle says ..

This one-bedroom apartment at Invicta Lodge in Margate, Kent offers a modern and well-maintained living space. The provided images showcase a contemporary design with a high-quality finish. The apartment’s location in Salmestone places it relatively close to several well-regarded primary schools with good Ofsted ratings. Proximity to Margate railway station and other nearby stations provides convenient transport links. However, the absence of information on the exact square footage of the living space, beyond the total area, and additional details about the property ownership model makes a definitive price per square foot evaluation challenging. This is further complicated by the unique nature of the listing (Retirement Property with the possibility of reduced price due to lifetime lease options) and the limited details for the various nearby properties listed. It is a retirement property, therefore this significantly reduces the pool of potential buyers. The apartment itself appears to be in excellent condition and has modern features. The lack of outdoor space is a notable drawback for buyers who prefer properties with gardens. More complete details about the property ownership, lease terms, and local amenities are needed to offer a truly comprehensive and unbiased assessment. Additionally, the missing information about nearby shops and other important features of the surrounding area is a factor to consider in any complete property evaluation.

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
7
Condition
9
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
8,444.29

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
399,167.00 £
Increased by 39.41 %
from 286,322.00 £
Est sale value
2,415,066.94 £
Decreased by 1.38 %
from 2,448,844.10 £
Average area rental value
1,088.00 £/mo
Decreased by 5.39 %
from 1,150.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 8,444.29 £/mo
Est rental Yield
3.27 %
Decreased by 32.16 %
from 4.82 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Homewise created the listing.

Nearby Schools

NameTypeOfstedDistance
Enterprise Learning AlliancePupil Referral UnitGood0.72 KM
St Gregory'S Catholic Primary School, MargateAcademy ConverterGood0.88 KM
Salmestone Primary SchoolAcademy Sponsor LedGood1.01 KM
Drapers Mills Primary AcademyAcademy Sponsor LedGood1.48 KM
Six Bells Children'S CentreChildren's Centre1.60 KM

Images

Example Bedroom Invicta Lodge Example Living Room Example Kitchen Example Shower Room Example Lodge Lounge

Nearby Streets

NameAverage PriceAverage SqftDistance
Half Mile Ride £ 242,16500.00 KM
Sun Lane £ 000.00 KM
Rowe Close £ 000.00 KM
Pisces Way £ 000.00 KM
Cetus Avenue £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Margate5018MAR2.20 KM
Ramsgate5023RAM4.06 KM
Westgate-On-Sea5195WGA5.23 KM
Dumpton Park5034DMP5.33 KM
Broadstairs5006BSR5.55 KM

Nearby Listings

AddressPriceTypeScoreDistance
1 Bed Apartment, Invicta Lodge, Margate £ 251,265BUY6 / 100.00 KM
1 Bed Apartment, Invicta Lodge, Margate £ 233,065BUY5 / 100.00 KM
Invicta Lodge, Nash Road, Margate £ 420,000BUY7 / 100.09 KM
Artemis View, Nash Road, Thanet, CT9 4LA £ 370,000BUY6 / 100.39 KM
Artemis View, Nash Road, Thanet, CT9 4LA £ 299,000BUY7 / 100.39 KM

Nearby Properties

AddressPriceDistance
40 Elmley Way £ 133,0000.45 KM
9 Elmley Way £ 174,0000.45 KM
10 Elmley Way £ 365,0000.45 KM
45 Elmley Way £ 215,0000.45 KM
56 Elmley Way £ 215,0000.46 KM