Wards says ..
Ideal investment opportunity for cash buyers only. This purpose built ground floor flat is ready for someone to put their own stamp on. Complete with a spacious lounge/diner and a generous sized bedroom. An allocated shed can be found in the communal garden ideal for storage of a bike. Just a sho...
Property Oracle says ..
This one-bedroom ground floor flat in Ramsgate, Kent, presents itself as a potential investment opportunity or starter home for cash buyers. The property’s location is advantageous, offering proximity to Ramsgate train station providing convenient access to other towns in the region, as well as multiple schools rated ‘Good’ or ‘Outstanding’ by Ofsted. The flat benefits from having access to a shared garden. However, the property’s condition reveals a need for refurbishment. The interior photos display some wear and tear, particularly in flooring and wall coverings, necessitating renovations or modernisation. A complete redecoration would significantly enhance the aesthetic appeal and market value. The current list price of £80,000 sits within the range of similar properties in Lancaster Close and Surrey Close and does reflect the general market conditions of the area, though a lack of information around the property’s size prevents a precise assessment of its value per square foot. Buyers should be prepared to factor in costs associated with modernising the property.
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
- 4
- Location
- 7
- Land
- 6
- Bedrooms
- 1
- Bathrooms
- 1
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Metrics Year-on-Year
- Average area value
- 299,571.00 £Decreased by 28.06 %
- Average area rental value
- 2,055.00 £/moIncreased by 21.17 %
- Est rental Yield
- 8.23 %Increased by 68.30 %
- Crime Rate
- 23.00 %Unchanged by 0.00 %
Agent Activity
Wards marked this listing as sold.
Wards created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Small Haven School | Other Independent Special School | Good | 0.20 KM |
| Dame Janet Primary Academy | Academy Sponsor Led | Good | 0.26 KM |
| Ramsgate Arts Primary School | Free Schools | Good | 0.30 KM |
| Newington Community Primary School | Community School | Outstanding | 0.88 KM |
| St Laurence In Thanet Church Of England Junior Academy | Academy Sponsor Led | Good | 0.94 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Surrey Close | £ 86,667 | 0 | 0.00 KM |
| Lancaster Close | £ 77,667 | 0 | 0.00 KM |
| Conyngham Close | £ 240,000 | 0 | 0.00 KM |
| Kingston Close | £ 165,333 | 0 | 0.00 KM |
| Bedford Square | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Ramsgate | 5023 | RAM | 1.18 KM |
| Dumpton Park | 5034 | DMP | 3.05 KM |
| Broadstairs | 5006 | BSR | 4.17 KM |
| Margate | 5018 | MAR | 5.12 KM |
| Westgate-On-Sea | 5195 | WGA | 7.62 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Lancaster Close, Ramsgate, Kent | £ 79,750 | BUY | Unknown | 0.00 KM |
| Lancaster Close, Ramsgate, Kent | £ 80,000 | BUY | 4 / 10 | 0.00 KM |
| Lancaster Close, Ramsgate, Kent | £ 120,000 | BUY | Unknown | 0.00 KM |
| Lancaster Close, Ramsgate | £ 80,000 | BUY | 4 / 10 | 0.02 KM |
| Stirling Way, Ramsgate, CT12 | £ 295,000 | BUY | Unknown | 0.10 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 26 Lancaster Close | £ 160,000 | 0.02 KM |
| 8 Lancaster Close | £ 70,000 | 0.03 KM |
| 164a Newington Road | £ 170,000 | 0.06 KM |
| 34 Chichester Road | £ 260,000 | 0.07 KM |
| 36 Chichester Road | £ 180,000 | 0.07 KM |