Station Road, Margate
KE

Station Road, Margate

By Kent Sales and Lettings

£ 500,000

Reviews

2 out of 5 stars

Kent Sales and Lettings says ..

Block of 3 flats 50 metres from Margate station beach and Dreamland. Set over four floors and ideal investment.

Property Oracle says ..

This five-bedroom property located on Station Road in Westbrook, Margate offers a unique proposition. Its proximity to Margate station provides excellent transport links, while the nearby beach and Dreamland add considerable recreational value. The area boasts schools within walking distance, but the specific quality of these requires further investigation. While some areas of the property showcase modern renovations such as the kitchens and bathrooms, others reveal an older style and finishes that could be considered dated to some buyers. The property has a limited outdoor area, consisting of a small yard at the rear which isn’t particularly well maintained. Although the property offers five bedrooms, its relatively small size of 645 square feet must be taken into account. The price point of £500,000 necessitates a careful consideration of the relative value to those searching in the Margate area, taking into consideration the size, location and need for further refurbishment in some areas. Overall, this property’s suitability will depend heavily on the buyer’s priorities; those who prioritize convenient location and proximity to amenities will see the value, whereas buyers who strongly desire large gardens or a high level of finish throughout may not be as impressed.

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
6
Location
7
Land
2
Bedrooms
5
Bathrooms
1
Sqft (est)
645.00

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
357,707.00 £
Decreased by 10.10 %
from 397,873.00 £
Est sale value
293,475.00 £
Increased by 2.71 %
from 285,735.00 £
Average area rental value
1,362.00 £/mo
Increased by 5.75 %
from 1,288.00 £/mo
Est letting value
645.00 £/mo
Unchanged by 0.00 %
from 645.00 £/mo
Est rental Yield
4.57 %
Increased by 17.78 %
from 3.88 %
Crime Rate
19.00 %
Unchanged by 0.00 %
from 19.00 %

Agent Activity

  • Kent Sales and Lettings marked this listing as sold.

  • Kent Sales and Lettings created the listing.

Nearby Schools

NameTypeOfstedDistance
Cherry TreeOther Independent Special SchoolGood0.61 KM
Hartsdown AcademyAcademy ConverterRequires improvement0.72 KM
Garlinge Children'S CentreChildren's Centre1.26 KM
Six Bells Children'S CentreChildren's Centre1.36 KM
Garlinge Primary School And NurseryFoundation SchoolGood1.42 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Naylands £ 000.00 KM
All Saints Avenue £ 000.00 KM
Hall by the Sea Road £ 000.00 KM
Waverley Road £ 000.00 KM
Covell's Row £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Margate5018MAR0.17 KM
Westgate-On-Sea5195WGA3.62 KM
Ramsgate5023RAM6.41 KM
Broadstairs5006BSR7.51 KM
Dumpton Park5034DMP7.58 KM

Nearby Listings

AddressPriceTypeScoreDistance
Station Road, Margate £ 500,000BUY5 / 100.00 KM
Canterbury Road, Margate, CT9 £ 220,000BUY7 / 100.01 KM
Royal Crescent, Margate, Kent, CT9 £ 180,000BUYUnknown0.03 KM
Canterbury Road, Westgate-on-Sea, Kent, CT8 £ 165,000BUY6 / 100.04 KM
Canterbury Road, Margate £ 160,000BUY6 / 100.05 KM

Nearby Properties

AddressPriceDistance
2 Albert Road £ 150,0000.06 KM
1 Albert Road £ 210,0000.06 KM
5 Albert Road £ 205,3500.06 KM
3 Albert Road £ 352,0000.06 KM
4 Albert Road £ 134,0000.06 KM