Auction House Essex & Kent says ..

Property Oracle says ..

The property is a terraced house located in Margate, Kent. The listing price is £155,000. The property has two bedrooms and one bathroom, and a small garden. Based on the images provided, the property is in need of some renovation. The location is relatively close to Margate railway station (0.36 KM), providing convenient access to transportation links. There are also several schools within a reasonable distance, including Salmestone Primary School (rated ‘Good’ by Ofsted) and Hartsdown Academy (‘Requires Improvement’). However, the immediate street appears somewhat run down based on the provided images of the property’s exterior and surrounding area. The condition of the property appears to be below average. The images show the interior to be cluttered and in need of significant modernisation and cleaning. The exterior also shows signs of age and needs some maintenance. The garden is small and unkempt. The property has a small garden, but its size and condition are not ideal. Considering the condition of the property, its location, and the small size of the garden, the list price of £155,000 seems relatively low compared to the average price of £321,534 for properties in the area. However, this is significantly influenced by the property’s condition. The average price per square foot in the area is £436, and while the property’s square footage is not provided, the low list price likely reflects the need for significant renovation.

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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