Reeds Rains says ..

Property Oracle says ..

The property is a penthouse apartment located in Sandgate, Folkestone, Kent.

It boasts 2 bedrooms, 2 bathrooms, and a substantial 1,081.20 sqft of living space. The listing price is £550,000.

The location is excellent, situated on The Riviera in Sandgate. This area is known for its coastal setting and proximity to the beach. The area benefits from good local schooling, with several highly-rated schools within a short distance, including The Folkestone School for Girls and Sandgate Primary School, both receiving \“Outstanding\” or \“Good\” Ofsted ratings. Transportation links are also convenient, with Folkestone West station just 1.25km away, offering easy access to Southeastern rail services.

Based on the images provided, the property appears to be in excellent condition. It is modern, light, and well-maintained, with a contemporary kitchen and bathrooms. There is no evidence of wear and tear or the need for renovation. The property also benefits from a sizeable balcony offering stunning sea views.

The property includes a small plot of land, primarily consisting of a paved patio area and some small grassed areas. While not extensive, it provides some outdoor space for the apartment.

Considering the average property price in the area is £386,919 and the average price per sqft is £367, the asking price of £550,000 for this 1,081.20 sqft penthouse apartment seems high, but potentially justifiable given its prime location directly on the seafront, modern condition, and the views. However, the lack of comparable sales data within the immediate vicinity makes a definitive assessment challenging. Nearby properties show a range of prices, but none are directly comparable in terms of size, type, and location. The higher-priced nearby properties are significantly larger and may not be directly comparable.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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