Lovetts Property Services says ..

Property Oracle says ..

This one-bedroom apartment on Rancorn Road, Margate, offers a convenient location near the seafront and local amenities. The property benefits from being close to several well-rated schools making it attractive for families or investors targeting the rental market. However, potential buyers should be aware that the apartment requires significant modernisation. The kitchen and bathroom appear dated and in need of upgrading, and the property generally lacks aesthetic appeal that would enhance its value. While the current list price of £135,000 falls in line with other one-bedroom apartments in the immediate area, the lack of detailed property specifics (such as square footage) makes it hard to ascertain precise value. The lack of exterior space is a further point to consider for potential buyers. Overall, this property presents an opportunity for someone comfortable with undertaking renovation works, or for an investor seeking a rental property in a desirable location. A thorough survey and cost estimation for modernisation are strongly recommended before purchase.

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

Images