Oakwood Homes says ..

Property Oracle says ..

This four-bedroom, two-bathroom terraced house in Ramsgate, Kent, presents a mixed picture. Its location on Royal Road is a significant advantage, placing it near the seafront and town center, with good schools nearby. This contributes to strong desirability within the Ramsgate housing market. However, the property’s condition is a considerable factor. While some parts, such as kitchens and the main bathroom, appear recently updated, others, notably several rooms and the second bathroom, are unfinished and show signs of damage, indicating the need for extensive renovation work. The property includes a small garden, providing some outdoor space. The listed price of £395,000 is moderately reasonable considering the location, but the required renovation work significantly impacts the overall value proposition for potential buyers. The lack of precise plot size information is also a limitation in forming a full evaluation. Overall, the property offers significant potential but will require substantial investment in repairs and renovations before it reaches a habitable and marketable standard. Potential buyers should carefully consider the renovation costs and factor them into their overall investment appraisal. The location, proximity to amenities and transport links, are beneficial, but the condition demands a thorough inspection and assessment before commitment.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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