Miles & Barr says ..

Property Oracle says ..

The property is a 2-bedroom, 1-bathroom semi-detached house located in St. Francis Close, Margate, Kent. The property is situated in the Dane Valley area of Thanet. It benefits from being close to several primary schools and the Southeastern railway line, offering convenient access to several towns. Based on the provided images, the property is in need of significant modernisation and renovation. The interior decor is dated, and several areas show signs of wear and tear. The kitchen and bathroom are particularly outdated. The garden is present but requires maintenance. Considering the average house price in the area and the average price per square foot, the listed price of £170,000 for this 763.70 sqft property seems relatively low, likely due to the property’s condition requiring substantial renovation work. Nearby comparable properties on St. Francis Close have sold for between £87,000 and £134,000, suggesting the listed price may reflect the need for renovation, although it is still on the higher end of this range. The property’s location is positive, with good access to schools and transport links. However, the property’s condition is a significant drawback. The price, while lower than the area average, reflects the extensive work required. The presence of a garden is a positive feature.

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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