Lancaster Close, Ramsgate, Kent
WA

Lancaster Close, Ramsgate, Kent

By Wards

£ 80,000

Reviews

3 out of 5 stars

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

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
299,571.00 £
Decreased by 28.06 %
from 416,420.00 £
Average area rental value
2,055.00 £/mo
Increased by 21.17 %
from 1,696.00 £/mo
Est rental Yield
8.23 %
Increased by 68.30 %
from 4.89 %
Crime Rate
23.00 %
Unchanged by 0.00 %
from 23.00 %

Agent Activity

  • Wards marked this listing as sold.

  • Wards created the listing.

Nearby Schools

NameTypeOfstedDistance
Small Haven SchoolOther Independent Special SchoolGood0.20 KM
Dame Janet Primary AcademyAcademy Sponsor LedGood0.26 KM
Ramsgate Arts Primary SchoolFree SchoolsGood0.30 KM
Newington Community Primary SchoolCommunity SchoolOutstanding0.88 KM
St Laurence In Thanet Church Of England Junior AcademyAcademy Sponsor LedGood0.94 KM

Images

Front Elevation Kitchen Lounge Wet Room Bedroom

Nearby Streets

NameAverage PriceAverage SqftDistance
Surrey Close £ 86,66700.00 KM
Lancaster Close £ 77,66700.00 KM
Conyngham Close £ 240,00000.00 KM
Kingston Close £ 165,33300.00 KM
Bedford Square £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Ramsgate5023RAM1.18 KM
Dumpton Park5034DMP3.05 KM
Broadstairs5006BSR4.17 KM
Margate5018MAR5.12 KM
Westgate-On-Sea5195WGA7.62 KM

Nearby Listings

AddressPriceTypeScoreDistance
Lancaster Close, Ramsgate, Kent £ 79,750BUYUnknown0.00 KM
Lancaster Close, Ramsgate, Kent £ 80,000BUY4 / 100.00 KM
Lancaster Close, Ramsgate, Kent £ 120,000BUYUnknown0.00 KM
Lancaster Close, Ramsgate £ 80,000BUY4 / 100.02 KM
Stirling Way, Ramsgate, CT12 £ 295,000BUYUnknown0.10 KM

Nearby Properties

AddressPriceDistance
26 Lancaster Close £ 160,0000.02 KM
8 Lancaster Close £ 70,0000.03 KM
164a Newington Road £ 170,0000.06 KM
34 Chichester Road £ 260,0000.07 KM
36 Chichester Road £ 180,0000.07 KM