Miles & Barr says ..

Property Oracle says ..

The property is located in Ramsgate, Kent, a coastal town in South East England. It’s a semi-detached house with three bedrooms and one bathroom, and a plot size of 778 sqft. The list price is £240,000. The property is situated on Oakdene Road, and nearby streets such as Beverley Way and Oakdene Road itself show average prices significantly higher than the list price of this property. However, there are also nearby properties on Oakdene Road with lower prices, suggesting some price variability on this street. The proximity to Ramsgate train station (0.68km) provides convenient access to transportation links. Several primary schools with “Good” Ofsted ratings are within a short distance, making it potentially attractive to families. The presence of a garden is evident in the provided images. Based on the images, the property appears to be in need of some modernisation. The kitchen and bathroom show dated fixtures and fittings, and the interior decor throughout suggests a need for updating. The overall condition is not poor, but significant cosmetic improvements would enhance its appeal and value. The garden appears relatively small and requires some maintenance. Considering the average price per sqft in the area (£612) and the property’s size (822 sqft), a rough estimate of its value would be around £501,000. However, the actual list price is significantly lower at £240,000. This substantial difference may be due to the property’s condition requiring modernisation, which would factor into a buyer’s offer. The lower price point could make it attractive to buyers looking for a project, but the extent of necessary work should be carefully considered.

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

Images