Canterbury Road, Margate
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Canterbury Road, Margate

By Thomas Jackson

£ 575,000

Reviews

3 out of 5 stars

Thomas Jackson says ..

A rare opportunity to purchase home and investment or a large home set into three separate flats. Unusually for this kind of property the title remains Freehold. The three flats are separately metered and accountable for their own council tax. Presented as a large two bedroom flat to the ground a...

Property Oracle says ..

The property is a four-bedroom house with three bathrooms, situated in Westbrook, Thanet, Kent. The list price is £575,000, and the property has a floor area of 1,100 sqft. The average price for properties in the area is £388,911, with an average size of 1,043 sqft and an average price per sqft of £372. The property benefits from a convenient location, close to Margate station (0.22km), providing easy access to transportation links. Several schools are also within a reasonable distance, including Cherry Tree (0.53km) and Hartsdown Academy (0.67km). The proximity to these amenities is a positive factor influencing the property’s desirability. Based on the provided images, the property appears to be in good condition. The interior is well-maintained and presented, with modern fixtures and finishes in the kitchen and bathrooms. There is some evidence of ongoing renovation or decoration in some rooms, but overall, the property presents well. The property includes a small, enclosed rear garden, which is a desirable feature, although limited in size. Considering the property’s condition, location, and the inclusion of a garden, the list price of £575,000 appears high compared to the average price per sqft in the area. While the property is larger than average, the premium reflects the additional features and location. The presence of nearby comparable properties listed at significantly lower prices suggests that the list price may be inflated, particularly given the relatively small plot size. However, the property’s potential for rental income, as suggested by its configuration and nearby examples, might justify a higher price point for some buyers. A thorough review of the property’s title and any potential rental income is recommended before purchase.

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

Price
6
Condition
8
Location
7
Land
3
Bedrooms
4
Bathrooms
3
Sqft (est)
1,100.00

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
357,707.00 £
Decreased by 10.10 %
from 397,873.00 £
Est sale value
500,500.00 £
Increased by 2.71 %
from 487,300.00 £
Average area rental value
1,362.00 £/mo
Increased by 5.75 %
from 1,288.00 £/mo
Est letting value
1,100.00 £/mo
Unchanged by 0.00 %
from 1,100.00 £/mo
Est rental Yield
4.57 %
Increased by 17.78 %
from 3.88 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • Thomas Jackson created the listing.

Nearby Schools

NameTypeOfstedDistance
Cherry TreeOther Independent Special SchoolGood0.53 KM
Hartsdown AcademyAcademy ConverterRequires improvement0.67 KM
Garlinge Children'S CentreChildren's Centre1.18 KM
Garlinge Primary School And NurseryFoundation SchoolGood1.33 KM
Six Bells Children'S CentreChildren's Centre1.43 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Naylands £ 000.00 KM
All Saints Avenue £ 000.00 KM
Hall by the Sea Road £ 000.00 KM
Waverley Road £ 000.00 KM
Covell's Row £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Margate5018MAR0.22 KM
Westgate-On-Sea5195WGA3.54 KM
Ramsgate5023RAM6.43 KM
Broadstairs5006BSR7.56 KM
Dumpton Park5034DMP7.62 KM

Nearby Listings

AddressPriceTypeScoreDistance
Canterbury Road, Margate £ 575,000BUY6 / 100.00 KM
Canterbury Road, Westbrook, Margate £ 220,000BUY6 / 100.01 KM
Canterbury Road, Margate, Kent £ 112,500BUY5 / 100.03 KM
Canterbury Road, Margate, Kent £ 170,000BUY5 / 100.03 KM
Canterbury Road, Margate £ 160,000BUY6 / 100.04 KM

Nearby Properties

AddressPriceDistance
27 Canterbury Road £ 310,0000.00 KM
23b Canterbury Road £ 245,0000.00 KM
23a Canterbury Road £ 460,0000.00 KM
31 Canterbury Road £ 220,0000.02 KM
37b Canterbury Road £ 220,0000.02 KM