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 %
- Est sale value
- 500,500.00 £Increased by 2.71 %
- Average area rental value
- 1,362.00 £/moIncreased by 5.75 %
- Est letting value
- 1,100.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.57 %Increased by 17.78 %
- Crime Rate
- 10.00 %Unchanged by 0.00 %
Agent Activity
Thomas Jackson created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Cherry Tree | Other Independent Special School | Good | 0.53 KM |
| Hartsdown Academy | Academy Converter | Requires improvement | 0.67 KM |
| Garlinge Children'S Centre | Children's Centre | 1.18 KM | |
| Garlinge Primary School And Nursery | Foundation School | Good | 1.33 KM |
| Six Bells Children'S Centre | Children's Centre | 1.43 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Naylands | £ 0 | 0 | 0.00 KM |
| All Saints Avenue | £ 0 | 0 | 0.00 KM |
| Hall by the Sea Road | £ 0 | 0 | 0.00 KM |
| Waverley Road | £ 0 | 0 | 0.00 KM |
| Covell's Row | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Margate | 5018 | MAR | 0.22 KM |
| Westgate-On-Sea | 5195 | WGA | 3.54 KM |
| Ramsgate | 5023 | RAM | 6.43 KM |
| Broadstairs | 5006 | BSR | 7.56 KM |
| Dumpton Park | 5034 | DMP | 7.62 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Canterbury Road, Margate | £ 575,000 | BUY | 6 / 10 | 0.00 KM |
| Canterbury Road, Westbrook, Margate | £ 220,000 | BUY | 6 / 10 | 0.01 KM |
| Canterbury Road, Margate, Kent | £ 112,500 | BUY | 5 / 10 | 0.03 KM |
| Canterbury Road, Margate, Kent | £ 170,000 | BUY | 5 / 10 | 0.03 KM |
| Canterbury Road, Margate | £ 160,000 | BUY | 6 / 10 | 0.04 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 27 Canterbury Road | £ 310,000 | 0.00 KM |
| 23b Canterbury Road | £ 245,000 | 0.00 KM |
| 23a Canterbury Road | £ 460,000 | 0.00 KM |
| 31 Canterbury Road | £ 220,000 | 0.02 KM |
| 37b Canterbury Road | £ 220,000 | 0.02 KM |