Norfolk Road, Margate, CT9
Miles & Barr Exclusive logo

Norfolk Road, Margate, CT9

By Miles & Barr Exclusive

£ 750,000

Reviews

3 out of 5 stars

Miles & Barr Exclusive says ..

Lovingly restored, renovated and extended, now offering over 2,500 sqft of beautifully presented home. Currently arranged as a successful and highly rated 4 star bed and breakfast with a family suite and three bookable rooms. The business could be taken on as a going concern by a purch...

Property Oracle says ..

Cliftonville West is a popular residential area in Margate, known for its Victorian and Edwardian architecture, proximity to the beach, and relatively easy access to local amenities and transport links. The property is located on Norfolk Road, which benefits from being close to well-regarded primary schools such as Cliftonville Primary School (rated Outstanding by Ofsted) and Lighthouse School (rated Good). The Southeastern train line is also within reasonable commuting distance, providing links to Canterbury, Ramsgate and Broadstairs. This contributes to a positive location score.

The property itself appears to be in excellent condition. The images show a recently renovated interior with modern fixtures and fittings throughout. The kitchen and bathrooms are contemporary and well-maintained. There is no visible evidence of significant repairs or renovations needed. The exterior also appears well-maintained, suggesting a high standard of upkeep.

The property includes a garden, which is a desirable feature in the UK housing market. The garden appears to be relatively small but well-landscaped, offering outdoor space for relaxation and entertaining.

The list price of £750,000 is considerably higher than the average property price in the area (£298,010). However, the property is significantly larger than the average (1,766 sqft vs 1,289 sqft) and has undergone extensive renovation. While the average price per sqft in the area is £231, the list price of this property suggests a higher price per sqft. Considering the property’s size, condition, location and the higher prices of comparable properties on Norfolk Road, the list price may be justified, although it is at the higher end of the market. Further analysis of recent comparable sales in the immediate vicinity would be beneficial to fully assess the price.

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
7
Condition
10
Location
8
Land
6
Bedrooms
5
Bathrooms
5
Sqft (est)
1,766.36

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
310,458.00 £
Increased by 9.60 %
from 283,264.00 £
Est sale value
842,553.72 £
Increased by 37.46 %
from 612,926.92 £
Average area rental value
1,056.00 £/mo
Decreased by 1.31 %
from 1,070.00 £/mo
Est letting value
1,766.36 £/mo
Unchanged by 0.00 %
from 1,766.36 £/mo
Est rental Yield
4.08 %
Decreased by 9.93 %
from 4.53 %
Crime Rate
14.00 %
Unchanged by 0.00 %
from 14.00 %

Agent Activity

  • Miles & Barr Exclusive created the listing.

Nearby Schools

NameTypeOfstedDistance
Lighthouse SchoolOther Independent Special SchoolGood0.56 KM
Cliftonville Primary SchoolAcademy Sponsor LedOutstanding0.63 KM
Cliftonville Children'S CentreChildren's Centre0.66 KM
Parkview AcademyOther Independent Special SchoolGood0.66 KM
St Anthony'S SchoolFoundation Special SchoolGood1.13 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Harold Close £ 000.00 KM
Northdown Parade £ 450,00000.00 KM
Wyndham Avenue £ 130,00000.00 KM
The Ridgeway £ 000.00 KM
Fifth Avenue £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Margate5018MAR3.23 KM
Broadstairs5006BSR4.68 KM
Ramsgate5023RAM5.25 KM
Dumpton Park5034DMP5.42 KM
Westgate-On-Sea5195WGA6.97 KM

Nearby Listings

AddressPriceTypeScoreDistance
Norfolk Road, Margate, CT9 £ 750,000BUY7 / 100.00 KM
Norfolk Road, Cliftonville, Margate, CT9 2HX £ 475,000BUY7 / 100.03 KM
Norfolk Road, Cliftonville, CT9 £ 499,000BUY6 / 100.03 KM
Warwick Road, Cliftonville £ 510,000BUY6 / 100.07 KM
Warwick Road, Margate, CT9 £ 550,000BUY8 / 100.07 KM

Nearby Properties

AddressPriceDistance
99 Norfolk Road £ 55,0000.02 KM
85 Norfolk Road £ 370,0000.03 KM
91 Norfolk Road £ 335,0000.03 KM
103 Norfolk Road £ 385,0000.04 KM
93 Norfolk Road £ 336,0000.04 KM