Two Bedrooms Ground Floor Flat, Ramsgate Road, Margate
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Two Bedrooms Ground Floor Flat, Ramsgate Road, Margate

By The Hummerstone Group, Powered by eXp UK

£ 160,000

Reviews

2 out of 5 stars

The Hummerstone Group, Powered by eXp UK says ..

Ref: JH0531 Sat on Ramsgate Road in Margate, this exquisite two-bedroom ground floor flat offers a perfect blend of comfort and convenience. Step inside to discover a spacious sitting room, perfect for relaxation and entertaining. The flat features two generously sized bedrooms, each of...

Property Oracle says ..

This two-bedroom ground floor flat located on Ramsgate Road in Margate, Kent, presents a potentially good investment opportunity, especially for first-time buyers or those seeking a convenient location. The property’s proximity to local amenities, including schools and the train station, is a significant advantage. The provided photographs suggest a modern and well-maintained interior, with a stylish bathroom and updated kitchen. However, the property is a ground floor flat, which might be a drawback for some buyers. Moreover, the lack of garden or outdoor space is a noticeable limitation. The absence of precise property details in the data makes detailed comparison challenging. The listing price of £160,000 seems competitive based on limited data on similar nearby properties. However, a comprehensive survey and further investigation into the specifics of this flat (including any potential maintenance issues) is recommended before committing to a purchase. Potential buyers should also consider the potential noise and traffic considerations associated with living on a busy road like Ramsgate Road. Overall, while the property demonstrates many desirable features and appears reasonably priced, potential buyers should conduct a thorough inspection and valuation before proceeding.

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
7
Condition
7
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
664.30

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
399,167.00 £
Increased by 39.41 %
from 286,322.00 £
Est sale value
189,989.80 £
Decreased by 1.38 %
from 192,647.00 £
Average area rental value
1,088.00 £/mo
Decreased by 5.39 %
from 1,150.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 664.30 £/mo
Est rental Yield
3.27 %
Decreased by 32.16 %
from 4.82 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • The Hummerstone Group, Powered by eXp UK marked this listing as sold.

  • The Hummerstone Group, Powered by eXp UK created the listing.

Nearby Schools

NameTypeOfstedDistance
Salmestone Primary SchoolAcademy Sponsor LedGood0.32 KM
Six Bells Children'S CentreChildren's Centre0.40 KM
Margate, Holy Trinity And St John'S Church Of England Primary SchoolVoluntary Controlled SchoolGood0.58 KM
St Gregory'S Catholic Primary School, MargateAcademy ConverterGood0.69 KM
Drapers Mills Primary AcademyAcademy Sponsor LedGood1.14 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Alexandra Terrace £ 000.00 KM
Church Street £ 000.00 KM
Homestead Close £ 000.00 KM
Shakespeare Road £ 000.00 KM
Addiscombe Gardens £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Margate5018MAR1.38 KM
Westgate-On-Sea5195WGA4.99 KM
Ramsgate5023RAM5.11 KM
Broadstairs5006BSR5.96 KM
Dumpton Park5034DMP6.08 KM

Nearby Listings

AddressPriceTypeScoreDistance
Ramsgate Road, Margate, CT9 5RT £ 495,000BUY7 / 100.00 KM
Two Bedrooms Ground Floor Flat, Ramsgate Road, Margate £ 160,000BUY5 / 100.00 KM
Ramsgate Road, Margate, CT9 £ 155,000BUY7 / 100.01 KM
Ramsgate Road, Margate £ 155,000BUY5 / 100.01 KM
Ramsgate Road, Margate, Kent, CT9 £ 165,000BUY5 / 100.01 KM

Nearby Properties

AddressPriceDistance
37 Ramsgate Road £ 220,0000.01 KM
29b Ramsgate Road £ 60,0000.01 KM
47 Ramsgate Road £ 225,0000.01 KM
55b Ramsgate Road £ 80,0000.02 KM
13 Ramsgate Road £ 370,0000.02 KM