Southern Housing Group (RES) says ..

Property Oracle says ..

The property is a 2-bedroom flat located in Meridian Close, Ramsgate, Kent. It’s a modern flat in an apartment building, with 692.33 sqft of living space and a plot size of 699.65 sqft.

The location is good, with nearby primary schools rated as outstanding or good, and several Southeastern train stations within a reasonable distance, offering good transport links.

Based on the images, the property appears to be in good condition. It is modern and well-maintained, with a recently updated kitchen and bathroom. There is no evidence of significant repairs or renovations needed.

While the property doesn’t appear to have a private garden in the traditional sense, the plot size suggests some small outdoor space may be available, possibly a balcony or shared communal area. More information is needed to assess this accurately.

Considering the list price of £72,500, the average house price in the area is significantly higher at £378,541, and the average price per sqft is £437. This property is priced considerably lower than the average. However, nearby comparable properties are listed at a much higher price, ranging from £128,000 to £220,000. The significant difference in price compared to the average price and nearby properties warrants further investigation to understand the reasons for the lower price. Factors such as the size of the property, its position within the building, and any potential leasehold implications should be considered.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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