Nicholas James says ..
**Sold by Auction** Guide Price £250,000+. A unique opportunity to acquire a prominent freehold commercial building in a popular village setting. The property is currently let to Kent County Council for use as a library and community centre at a rent of £16,000pa expiring December 2026. The prope...
Property Oracle says ..
This property is a commercial building located on Monkton Road in Minster, Thanet. The building appears to be in reasonable condition, although some minor repairs or updates might be needed. The lack of information regarding square footage and plot size makes a comprehensive evaluation challenging. The list price of £250,000 is significantly lower than the average house price in the area (£371,273), but without knowing the size of the building, it’s difficult to assess if this represents good value. The property is conveniently located near Minster railway station and several well-regarded primary schools, making it potentially attractive to a range of buyers. However, the absence of bedrooms and bathrooms suggests that it is not suitable for residential use. More information is needed to provide a more detailed analysis.
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
- 7
- Location
- 8
- Land
- 3
- Bedrooms
- 0
- Bathrooms
- 0
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Metrics Year-on-Year
- Average area value
- 381,857.00 £Increased by 4.46 %
- Average area rental value
- 2,250.00 £/moIncreased by 41.60 %
- Est rental Yield
- 7.07 %Increased by 35.44 %
- Crime Rate
- 96.00 %Unchanged by 0.00 %
Agent Activity
Nicholas James created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Minster Church Of England Primary School | Voluntary Controlled School | Good | 0.31 KM |
| Monkton Church Of England Primary School | Voluntary Controlled School | Good | 3.57 KM |
| The Llewellyn School And Nursery | Other Independent Special School | Good | 3.66 KM |
| Great Oaks Small School | Other Independent Special School | Good | 3.88 KM |
| Birchington Church Of England Primary School | Voluntary Controlled School | Good | 4.03 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Norton Drive | £ 337,498 | 0 | 0.00 KM |
| Saint Mary's Road | £ 210,000 | 0 | 0.00 KM |
| Egbert Road | £ 332,000 | 0 | 0.00 KM |
| Gas Alley | £ 400,000 | 0 | 0.00 KM |
| Saint Mildred's Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Minster | 5019 | MSR | 0.69 KM |
| Birchington-On-Sea | 5163 | BCH | 4.98 KM |
| Westgate-On-Sea | 5195 | WGA | 5.86 KM |
| Sandwich | 5026 | SDW | 7.86 KM |
| Margate | 5018 | MAR | 8.54 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Monkton Road, Minster | £ 250,000 | BUY | 6 / 10 | 0.00 KM |
| High Street, Minster, Ramsgate | £ 340,000 | BUY | 6 / 10 | 0.04 KM |
| Monkton Road, Minster, Ramsgate | £ 325,000 | BUY | 7 / 10 | 0.05 KM |
| Monkton Road, Minster, CT12 | £ 450,000 | BUY | 7 / 10 | 0.08 KM |
| Norton Drive, Minster, CT12 4BS | £ 325,000 | BUY | 7 / 10 | 0.08 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 79 High Street | £ 55,000 | 0.08 KM |
| 63a High Street | £ 136,000 | 0.08 KM |
| 63 High Street | £ 216,000 | 0.08 KM |
| 59 High Street | £ 272,500 | 0.08 KM |
| 52 High Street | £ 54,000 | 0.08 KM |