Lewis Crescent, Margate
CO

Lewis Crescent, Margate

By Cooke & Co

£ 225,000

Reviews

3 out of 5 stars

Cooke & Co says ..

This property takes panoramic sea views to the next level! This immaculate one bedroom apartment is situated on the top floor of a well maintained building and would make an ideal first home or holiday home. The property is currently being used a successful air b n b and the vendor is happy to p...

Property Oracle says ..

The property is a 1-bedroom, 1-bathroom flat situated in Cliftonville West, Thanet, Kent. The list price is £225,000. The area has an average house price of £298,010 and an average price per square foot of £231. Unfortunately, the square footage of the subject property is not provided, preventing a direct comparison of price per square foot. The location appears to be desirable, with proximity to several well-regarded schools including Cliftonville Primary School (Outstanding Ofsted rating) and Lighthouse School (Good Ofsted rating). The area also benefits from its closeness to several Southeastern train stations, providing convenient access to other parts of Kent and beyond. The coastal location offers scenic views and recreational opportunities. Based on the images, the property appears to be in excellent condition. It has been recently renovated or modernised to a high standard, with contemporary fixtures and fittings throughout. The apartment is presented in a clean and well-maintained state. While the plot size is not specified, the property benefits from a balcony offering stunning sea views. This adds significant value and desirability. Considering the average house price in the area is £298,010, the list price of £225,000 for this property might be considered reasonable, particularly given its apparent excellent condition and desirable location. However, without the property’s square footage, a definitive conclusion on the price-per-square-foot value cannot be made. The lack of information on the property’s size significantly limits a comprehensive price analysis. Further investigation into the specific size of the property would be beneficial to fully assess its value.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
10
Location
9
Land
2
Bedrooms
1
Bathrooms
1
Sqft (est)
686.20

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
310,458.00 £
Increased by 9.60 %
from 283,264.00 £
Est sale value
327,317.40 £
Increased by 37.46 %
from 238,111.40 £
Average area rental value
1,056.00 £/mo
Decreased by 1.31 %
from 1,070.00 £/mo
Est letting value
686.20 £/mo
Unchanged by 0.00 %
from 686.20 £/mo
Est rental Yield
4.08 %
Decreased by 9.93 %
from 4.53 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Cooke & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
Cliftonville Children'S CentreChildren's Centre0.64 KM
Lighthouse SchoolOther Independent Special SchoolGood0.69 KM
Parkview AcademyOther Independent Special SchoolGood0.87 KM
Cliftonville Primary SchoolAcademy Sponsor LedOutstanding0.94 KM
St Anthony'S SchoolFoundation Special SchoolGood1.47 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Harold Close £ 000.00 KM
Fifth Avenue £ 000.00 KM
Northdown Parade £ 450,00000.00 KM
Wyndham Avenue £ 130,00000.00 KM
Palm Bay Gardens £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Margate5018MAR3.23 KM
Broadstairs5006BSR5.01 KM
Ramsgate5023RAM5.68 KM
Dumpton Park5034DMP5.81 KM
Westgate-On-Sea5195WGA6.97 KM

Nearby Listings

AddressPriceTypeScoreDistance
Lewis Crescent, Margate £ 225,000BUY7 / 100.00 KM
Majestic Court, 10-12 Lewis Crescent, Margate, Kent, CT9 £ 235,000BUY6 / 100.01 KM
Lewis Crescent, Margate, Cliftonville, CT9 £ 110,000BUYUnknown0.01 KM
Majestic Court, Lewis Crescent, Margate, Kent, CT9 £ 230,000BUY6 / 100.01 KM
Third Avenue, Cliftonville, Margate £ 199,995BUY5 / 100.03 KM

Nearby Properties

AddressPriceDistance
6 Eastern Esplanade £ 180,0000.11 KM
7 First Avenue £ 350,0000.15 KM
46 Norfolk Road £ 94,0000.19 KM
10 Norfolk Road £ 415,0000.19 KM
28 Norfolk Road £ 225,0000.19 KM