Richmond Street, Herne Bay, CT6
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Richmond Street, Herne Bay, CT6

By Express Estate Agency

£ 125,000

Reviews

3 out of 5 stars

Express Estate Agency says ..

We are proud to offer this One Bedroom Retirement Flat – all interest and OFFERS are INVITED.*Guide Price £130,000 - £125,000*

Property Oracle says ..

The property is a retirement property located in Herne Bay, Kent. It is a one-bedroom, one-bathroom apartment with a total area of 409 sqft and a plot size of 489 sqft. The list price is £125,000.

The property is situated close to several amenities including schools, transportation links, and local shops. Herne Bay train station is within walking distance, providing convenient access to Canterbury and other areas. Several primary and secondary schools are located nearby, making this location suitable for families and retirees alike.

Based on the provided images, the property appears to be in relatively good condition for its age. While some minor cosmetic updates might enhance its appeal, there is no indication of significant structural damage or the need for extensive renovations. The existing fixtures and fittings seem functional and well-maintained.

The property includes access to communal gardens. While the plot size is relatively small, the communal green spaces offer residents an outdoor area for relaxation and recreation.

Considering the average property price in the area is significantly higher (£341,845) and the average price per sqft is £342, the list price of £125,000 for this 409 sqft retirement property appears to be quite reasonable, especially given its location and condition. However, it’s important to note that the absence of sqft data for nearby comparable properties limits the precision of this price assessment.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
7
Location
8
Land
6
Bedrooms
1
Bathrooms
1
Sqft (est)
409.00
Lot (est)
489.00

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
316,612.00 £
Decreased by 3.71 %
from 328,818.00 £
Est sale value
177,915.00 £
Increased by 33.85 %
from 132,925.00 £
Average area rental value
1,188.00 £/mo
Increased by 4.39 %
from 1,138.00 £/mo
Est letting value
409.00 £/mo
Unchanged by 0.00 %
from 409.00 £/mo
Est rental Yield
4.50 %
Increased by 8.43 %
from 4.15 %
Crime Rate
19.00 %
Unchanged by 0.00 %
from 19.00 %

Agent Activity

  • Express Estate Agency created the listing.

Nearby Schools

NameTypeOfstedDistance
The Poppy Children'S CentreChildren's Centre0.17 KM
Fairlight Glen Independent Special SchoolOther Independent Special SchoolGood0.46 KM
Herne Bay Infant SchoolCommunity SchoolGood0.61 KM
Herne Bay Junior SchoolFoundation SchoolGood0.63 KM
Herne Bay High SchoolAcademy ConverterGood1.51 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Richmond Mews £ 240,00000.00 KM
Queen Street £ 000.00 KM
Orchard Road £ 000.00 KM
North Street £ 000.00 KM
Prospect Hill £ 662,50000.00 KM

Nearby Transport

NameNLCTLCDistance
Herne Bay5174HNB0.85 KM
Chestfield And Swalecliffe5200CSW6.35 KM
Sturry5029STU7.62 KM

Nearby Listings

AddressPriceTypeScoreDistance
Richmond Street, Herne Bay £ 149,995BUY7 / 100.00 KM
Richmond Street, Herne Bay £ 175,000BUY7 / 100.00 KM
Richmond Street, Herne Bay, CT6 £ 125,000BUY7 / 100.00 KM
Richmond Street, Herne Bay £ 225,000BUY6 / 100.00 KM
Richmond Street, Herne Bay £ 160,000BUY6 / 100.00 KM

Nearby Properties

AddressPriceDistance
152 Kings Road £ 145,0000.10 KM
34 Brunswick Square £ 212,5000.11 KM
14 Brunswick Square £ 282,0000.11 KM
22 Brunswick Square £ 281,0000.11 KM
30 Brunswick Square £ 330,0000.11 KM