Miles & Barr says ..

Property Oracle says ..

The property is located in Ramsgate, Kent, a town with a rich history and coastal charm. The area benefits from proximity to several Southeastern train stations, offering convenient access to other parts of Kent and beyond. Several schools are within a reasonable distance, including those with good Ofsted ratings. While the immediate vicinity’s average house prices are lower than the broader Thanet average, the nearby presence of more expensive properties suggests potential for future value appreciation. However, it’s important to note that the provided data lacks specifics on the property’s square footage, which is crucial for a comprehensive price analysis.

Based on the images provided, the property appears to be in need of significant renovation. The interior shows signs of wear and tear, with outdated fixtures and fittings, and requires considerable work to bring it up to a modern standard. The garden, while present, is overgrown and requires significant landscaping.

The list price of £157,500 is significantly below the average house price in Thanet (£371,273). However, given the property’s condition and the lack of square footage data, it’s difficult to definitively assess its value. The nearby comparable properties show a wide price range, suggesting that the market in this area is varied. More information, particularly regarding the property’s size and the extent of necessary renovations, is needed for a more precise price evaluation.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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