Miles & Barr Exclusive says ..

Property Oracle says ..

The property is a 5 bedroom, 2 bathroom detached house located on The Broadway in Herne Bay, Kent. It has a list price of £700,000 and is 1,834 sqft with a 2,474 sqft plot. The property appears to have undergone a significant renovation or extension. The kitchen and bathrooms are modern and well-equipped. The interior is presented in good condition and has been finished to a high standard. The property benefits from a good-sized garden. The location is excellent, being situated on The Broadway in Herne Bay. Herne Bay is a popular seaside town with good transport links via Southeastern trains to London and other major cities. There are several highly-rated schools within a reasonable distance, including Hampton Primary School and Herne Bay High School, both rated ‘Good’ by Ofsted. Considering the average house price in the area is £341,845 and the average price per sqft is £342, the list price of £700,000 for this property seems high, especially given that comparable properties in the area are listed at lower prices. However, the extensive renovation and modern finishes, coupled with the larger plot size and desirable location, could justify a premium price. Further analysis of comparable properties with similar renovations would be needed to determine if the price is reasonable.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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