Smith Woolley says ..
*MIXED USE INVESTMENT OPPORTUNITY* - 3-storey character building in a prominent corner position in Hythe, offering two commercial units and two residential maisonettes.
Property Oracle says ..
The property is a 4-bedroom, 2-bathroom apartment located on High Street in Hythe, Kent. The list price is £665,000, and the property has 2,387.69 square feet of living space. The average price for a property in the area is £498,567, with an average price per square foot of £393.00. The apartment appears to be in good condition, with a well-maintained interior and a small patio. The property benefits from being located in Hythe, a town with a good selection of local amenities, including schools and transportation links. The proximity to Sandling train station (2.68km) provides convenient access to other areas. Several well-regarded primary schools are within a reasonable distance. However, the property itself has a very small plot size, almost nonexistent, which is a significant drawback. Given the property’s location, condition, and size, the list price of £665,000 seems high compared to the average price per square foot in the area. While the property is larger than average, the lack of land significantly impacts its overall value. The higher price could be justified by its location on High Street and the overall condition of the property. Further investigation into comparable properties with similar features would be necessary to determine a more precise valuation.
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
- 5
- Condition
- 8
- Location
- 7
- Land
- 1
- Bedrooms
- 4
- Bathrooms
- 2
- Sqft (est)
- 2,387.69
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
- 695,750.00 £Increased by 35.80 %
- Est sale value
- 1,392,023.27 £Increased by 15.22 %
- Average area rental value
- 1,400.00 £/moDecreased by 11.56 %
- Est letting value
- 2,387.69 £/moUnchanged by 0.00 %
- Est rental Yield
- 2.41 %Decreased by 35.04 %
- Crime Rate
- 32.00 %Unchanged by 0.00 %
Agent Activity
Smith Woolley created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Hythe Bay Children'S Centre | Children's Centre | 0.41 KM | |
| Hythe Bay Cofe Primary School | Voluntary Controlled School | Good | 0.47 KM |
| Saltwood Cofe Primary School | Voluntary Aided School | Outstanding | 1.03 KM |
| St Augustine'S Catholic Primary School | Voluntary Aided School | Good | 1.25 KM |
| Brockhill Park Performing Arts College | Academy Converter | Good | 2.02 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Chapel Mews | £ 0 | 0 | 0.00 KM |
| Oak Hill Passage | £ 1,250,000 | 0 | 0.00 KM |
| Church Rise | £ 549,975 | 0 | 0.00 KM |
| Church Hill | £ 600,000 | 0 | 0.00 KM |
| Mount Street | £ 325,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Sandling | 5025 | SDG | 2.68 KM |
| Westenhanger | 5030 | WHA | 5.41 KM |
| Folkestone West | 5027 | FKW | 8.21 KM |
| Folkestone Central | 5035 | FKC | 9.89 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| High Street, Hythe | £ 665,000 | BUY | 5 / 10 | 0.00 KM |
| The Maltings, High Street, Hythe, Kent | £ 209,995 | BUY | 6 / 10 | 0.03 KM |
| The Maltings, High Street, Hythe, Kent | £ 260,000 | BUY | 6 / 10 | 0.03 KM |
| Chapel Street, Hythe | £ 269,950 | BUY | 6 / 10 | 0.07 KM |
| Bartholomew Street, Hythe | £ 500,000 | BUY | 8 / 10 | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 11 Chapel Street | £ 202,000 | 0.08 KM |
| 7 Chapel Street | £ 189,950 | 0.08 KM |
| 16 Chapel Street | £ 265,000 | 0.08 KM |
| 10 Chapel Street | £ 51,000 | 0.08 KM |
| 2 Chapel Street | £ 59,250 | 0.08 KM |