Miles & Barr says ..

Property Oracle says ..

The property is a terraced house located on Hastings Avenue in Margate, Kent. It has two bedrooms and two bathrooms, and a total area of 928 sqft. The list price is £250,000. The property is situated in the Dane Valley area of Thanet, which benefits from its proximity to several primary and secondary schools, all within a reasonable distance. The Ofsted ratings for nearby schools are generally good, suggesting a positive educational environment for families. The area also boasts convenient access to Southeastern train services at Margate station, providing connections to other parts of Kent and beyond. This enhances the property’s overall appeal. Based on the provided images, the property appears to be in a reasonably good condition. While some areas show signs of needing a refresh, such as the kitchen, it doesn’t appear to require extensive renovation. The garden is small but present. Considering the average house price in the area is £351,650 and the average price per sqft is £271, the asking price of £250,000 for this 928 sqft property seems relatively reasonable, especially considering the smaller plot size and the need for some minor cosmetic updates. Nearby comparable properties on Hastings Avenue and Glencoe Road are listed at similar or higher prices, further supporting this assessment. However, the lack of plot size information for these comparable properties limits the accuracy of the price comparison. In summary, the property presents a reasonable value for money, considering its location, condition, and proximity to amenities and transportation. The relatively low price compared to the area average may be due to the smaller plot size or the need for some modernisation.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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