Approach Road, Margate
CO

Approach Road, Margate

By Cooke & Co

£ 350,000

Reviews

2 out of 5 stars

Cooke & Co says ..

This 3-bedroom semi-detached property offers an excellent opportunity for those looking to update and create a family home to their taste. Situated in a popular residential area close to well-regarded local schools, this property boasts ample potential. On the ground floor, you'll find a spaci...

Property Oracle says ..

This three-bedroom semi-detached property located on Approach Road in Cliftonville West, Margate offers a mixed bag. The property’s key strengths lie in its location. Its proximity to well-regarded local schools and reasonable distance from transportation links boosts its family appeal. However, this is somewhat offset by the property’s need for significant modernization. The photographs reveal a dated interior, with carpets, decor, kitchen, and bathroom all requiring attention. A potential buyer should budget for a substantial refurbishment before the property reaches a high level of livability. The garden, while present, is relatively modest in size and needs considerable maintenance. The list price of £350,000 may be considered slightly higher than expected, considering the extensive renovation needed, therefore the potential buyer should consider comparing the cost of renovation versus similar properties in the area. Overall, this property presents an opportunity for a buyer willing to undertake a refurbishment project. This would transform it into a comfortable family home in a reasonably convenient location. However, the costs involved should not be underestimated.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
7
Land
5
Bedrooms
3
Bathrooms
1
Sqft (est)
1,083.93

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
517,034.61 £
Increased by 37.46 %
from 376,123.71 £
Average area rental value
1,056.00 £/mo
Decreased by 1.31 %
from 1,070.00 £/mo
Est letting value
1,083.93 £/mo
Unchanged by 0.00 %
from 1,083.93 £/mo
Est rental Yield
4.08 %
Decreased by 9.93 %
from 4.53 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Cooke & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
Parkview AcademyOther Independent Special SchoolGood0.50 KM
Lighthouse SchoolOther Independent Special SchoolGood0.53 KM
Cliftonville Primary SchoolAcademy Sponsor LedOutstanding0.68 KM
Cliftonville Children'S CentreChildren's Centre0.72 KM
Drapers Mills Primary AcademyAcademy Sponsor LedGood0.92 KM

Images

Nearby Streets

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

Nearby Transport

NameNLCTLCDistance
Margate5018MAR3.10 KM
Broadstairs5006BSR4.57 KM
Ramsgate5023RAM4.93 KM
Dumpton Park5034DMP5.19 KM
Westgate-On-Sea5195WGA6.83 KM

Nearby Listings

AddressPriceTypeScoreDistance
Approach Road, Margate £ 350,000BUY5 / 100.00 KM
Talbot Road, Margate £ 465,000BUY7 / 100.06 KM
Approach Road, Margate, Kent, CT9 £ 325,000BUY6 / 100.07 KM
Approach Road, Margate, Kent, CT9 £ 320,000BUY7 / 100.09 KM
Approach Road, Margate £ 350,000BUY6 / 100.09 KM

Nearby Properties

AddressPriceDistance
8 Lower Northdown Avenue £ 210,0000.05 KM
11 Talbot Road £ 450,0000.05 KM
10 Talbot Road £ 202,0000.05 KM
31 Northdown Park Road £ 500,0000.05 KM
41 Northdown Park Road £ 680,0000.05 KM