Wards says ..
Full market value 80,000. Monthly rent: N/A. Monthly service charge: 247.28. Reserve fund monthly: 29.26. The opportunity has arisen to live in this well maintained fifth floor flat on the shared ownership scheme. Located in a central location just a short walk from Ramsgate's town centre which i...
Property Oracle says ..
This one-bedroom flat is situated in Fortuna Court, Ramsgate, Kent, offering a convenient location close to the town centre and Ramsgate train station. The property appears clean and well-maintained from the photos, however, the bathroom and kitchen fixtures seem dated and could benefit from a renovation. It is important to note that the property appears to be a part of a shared ownership scheme and the listed price reflects that 60,000 is only a portion of the overall value. Therefore, further due diligence and investigation regarding the costs associated with the shared ownership structure is essential. The communal area boasts some outdoor space, which is a positive aspect but does not constitute a private garden. The absence of information regarding leasehold details, service charges, and ground rent is a significant consideration and requires further clarification before a complete assessment can be given. Overall, while the location and price may be appealing, potential buyers should be prepared for potential renovation costs and additional ongoing service charges.
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
- 7
- Condition
- 5
- Location
- 7
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 623.47
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 282,500.00 £Decreased by 17.11 %
- Est sale value
- 202,004.28 £Increased by 14.49 %
- Average area rental value
- 1,143.00 £/moDecreased by 1.80 %
- Est letting value
- 623.47 £/mo
- Est rental Yield
- 4.86 %Increased by 18.54 %
- Crime Rate
- 8.00 %Unchanged by 0.00 %
Agent Activity
Wards created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Priory Infant School | Community School | Good | 0.18 KM |
| Priory Children'S Centre | Children's Centre | 0.25 KM | |
| Chatham & Clarendon Grammar School | Academy Converter | Good | 0.41 KM |
| St Lawrence College Junior School | Other Independent School | 0.63 KM | |
| St Lawrence College | Other Independent School | 0.63 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Percy Road | £ 240,388 | 0 | 0.00 KM |
| Alexandra Road | £ 203,177 | 0 | 0.00 KM |
| Elgar Place | £ 275,000 | 0 | 0.00 KM |
| Chatham Passage | £ 210,000 | 0 | 0.00 KM |
| Kings Road | £ 190,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Ramsgate | 5023 | RAM | 0.77 KM |
| Dumpton Park | 5034 | DMP | 1.68 KM |
| Broadstairs | 5006 | BSR | 3.42 KM |
| Margate | 5018 | MAR | 6.95 KM |
| Westgate-On-Sea | 5195 | WGA | 9.55 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| High Street, Ramsgate, Kent | £ 60,000 | BUY | 5 / 10 | 0.00 KM |
| High Street, Ramsgate, CT11 | £ 55,000 | BUY | 6 / 10 | 0.03 KM |
| High Street, Ramsgate, CT11 | £ 60,000 | BUY | 5 / 10 | 0.03 KM |
| High Street, Ramsgate, CT11 | £ 60,000 | BUY | 5 / 10 | 0.03 KM |
| High Street, Ramsgate, CT11 | £ 60,000 | BUY | 5 / 10 | 0.03 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| May Cottage | £ 105,000 | 0.06 KM |
| 3 Belmont Road | £ 156,000 | 0.06 KM |
| 27 Belmont Road | £ 165,000 | 0.06 KM |
| 40 Belmont Road | £ 250,000 | 0.06 KM |
| 9 Belmont Road | £ 115,000 | 0.06 KM |