Wards says ..
This studio apartment presents the perfect opportunity for a buyer looking to put their own stamp on a property. In need of modernisation throughout; it boasts potential for a buy-to-let investment. In addition, the apartment benefits from a communal garden and washing area. Situated just a short...
Property Oracle says ..
This property is a ground floor flat located in Ramsgate, Kent. The property is currently listed for £75,000. Given the average price in the area is £378,541 and the average price per sqft is £437, this property is significantly underpriced. However, this is likely due to the condition of the property and the lack of bedrooms. The property appears to be in need of significant renovation. The flooring throughout the property requires replacing, and the walls could benefit from a fresh coat of paint. The kitchen and bathroom are functional but dated. The property does benefit from a sizeable communal garden. While the location is convenient to local amenities and transportation, the lack of bedrooms significantly impacts the overall value. The property would be ideal for a single person or couple looking for a renovation project.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 4
- Condition
- 3
- Location
- 7
- Land
- 7
- Bedrooms
- 0
- Bathrooms
- 1
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Metrics Year-on-Year
- Average area value
- 299,571.00 £Decreased by 28.06 %
- Average area rental value
- 2,055.00 £/moIncreased by 21.17 %
- Est rental Yield
- 8.23 %Increased by 68.30 %
- Crime Rate
- 14.00 %Unchanged by 0.00 %
Agent Activity
Wards created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Small Haven School | Other Independent Special School | Good | 0.34 KM |
| Ramsgate Arts Primary School | Free Schools | Good | 0.46 KM |
| Dame Janet Primary Academy | Academy Sponsor Led | Good | 0.52 KM |
| Newington Community Primary School | Community School | Outstanding | 0.63 KM |
| Laleham Gap School | Foundation Special School | Good | 0.75 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Barnett Court | £ 0 | 0 | 0.00 KM |
| Hamilton Close | £ 263,333 | 0 | 0.00 KM |
| Brandon Road | £ 243,333 | 0 | 0.00 KM |
| Dorset Court | £ 0 | 0 | 0.00 KM |
| St. Johns Avenue | £ 260,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Ramsgate | 5023 | RAM | 1.46 KM |
| Dumpton Park | 5034 | DMP | 3.40 KM |
| Broadstairs | 5006 | BSR | 4.50 KM |
| Margate | 5018 | MAR | 4.94 KM |
| Westgate-On-Sea | 5195 | WGA | 7.33 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Melbourne Avenue, Ramsgate, Kent | £ 75,000 | BUY | 5 / 10 | 0.00 KM |
| Two Bedroom semi detached house. | £ 210,000 | BUY | Unknown | 0.08 KM |
| Riversdale Road, Ramsgate, Kent | £ 270,000 | BUY | 6 / 10 | 0.10 KM |
| Hamilton Close, CT12 | £ 250,000 | BUY | 6 / 10 | 0.12 KM |
| Bathurst Close, Ramsgate, Kent, CT12 | £ 220,000 | BUY | 5 / 10 | 0.14 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 142 Melbourne Avenue | £ 250,000 | 0.08 KM |
| 4 Riversdale Road | £ 115,000 | 0.11 KM |
| 38 Riversdale Road | £ 143,000 | 0.11 KM |
| 10 Riversdale Road | £ 300,000 | 0.13 KM |
| 26 Riversdale Road | £ 280,000 | 0.13 KM |