Ramsgate Road, Margate
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Ramsgate Road, Margate

By Thomas Jackson

£ 290,000

Reviews

2 out of 5 stars

Thomas Jackson says ..

This three-bedroom semi-detached house is set back from Ramsgate Road and close to the Queen Elizabeth Queen Mother Hospital. The property is 1.3 miles from the main train station in Margate and seafront. The property requires updating, the perfect property for a buyer looking to put their own st...

Property Oracle says ..

This three-bedroom semi-detached house located on Ramsgate Road in Margate, Kent, presents a mixed bag of characteristics. The property’s location is a significant advantage, being close to the Queen Elizabeth The Queen Mother Hospital, Westwood Shopping Centre, and several well-regarded primary schools, enhancing its appeal to families. The proximity to Margate train station provides access to wider transportation networks.

However, the property’s condition is a considerable factor. The photographs clearly depict an interior in need of significant updating. The decor is dated, and many features could benefit from replacement or refurbishment. This will, of course, represent a considerable cost to any prospective buyer.

The property does include a garden, adding to its overall livability, though images suggest it needs work. The size of the garden is not definitively clear from the provided pictures.

The listing price of £290,000 sits within the range of other properties listed on Ramsgate Road, making it somewhat competitive, particularly in relation to properties needing similar updating. Nevertheless, a full refurbishment budget must be factored into any serious offer. Potential buyers should undertake a thorough survey to assess the extent of work required before making a purchase decision. This could lead to unexpected and significant additional costs.

Overall, this property offers a desirable location and the potential for a lovely home. However, the significant modernisation required makes the purchase contingent upon the buyers’ ability and willingness to invest in refurbishment.

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
4
Location
7
Land
5
Bedrooms
3
Bathrooms
0
Sqft (est)
920.75

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
399,167.00 £
Increased by 39.41 %
from 286,322.00 £
Est sale value
263,334.50 £
Decreased by 1.38 %
from 267,017.50 £
Average area rental value
1,088.00 £/mo
Decreased by 5.39 %
from 1,150.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 920.75 £/mo
Est rental Yield
3.27 %
Decreased by 32.16 %
from 4.82 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Thomas Jackson marked this listing as sold.

  • Thomas Jackson created the listing.

Nearby Schools

NameTypeOfstedDistance
Salmestone Primary SchoolAcademy Sponsor LedGood0.58 KM
St Gregory'S Catholic Primary School, MargateAcademy ConverterGood0.73 KM
Drapers Mills Primary AcademyAcademy Sponsor LedGood0.94 KM
Six Bells Children'S CentreChildren's Centre0.99 KM
Enterprise Learning AlliancePupil Referral UnitGood1.06 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Rowe Close £ 000.00 KM
Half Mile Ride £ 242,16500.00 KM
Addiscombe Gardens £ 000.00 KM
Homestead Close £ 000.00 KM
Church Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Margate5018MAR1.88 KM
Ramsgate5023RAM4.50 KM
Westgate-On-Sea5195WGA5.30 KM
Broadstairs5006BSR5.53 KM
Dumpton Park5034DMP5.53 KM

Nearby Listings

AddressPriceTypeScoreDistance
Ramsgate Road, Margate £ 290,000BUY5 / 100.00 KM
Ramsgate Road, Margate £ 279,995BUY7 / 100.00 KM
Ramsgate Road, Margate, CT9 4EY £ 280,000BUY7 / 100.01 KM
Ramsgate Road, Margate, CT9 £ 380,000BUY7 / 100.02 KM
Ramsgate Road, Margate, Kent £ 360,000BUY6 / 100.02 KM

Nearby Properties

AddressPriceDistance
193 Ramsgate Road £ 155,0000.00 KM
177 Ramsgate Road £ 132,0000.00 KM
207 Ramsgate Road £ 179,9950.00 KM
191 Ramsgate Road £ 215,0000.00 KM
217 Ramsgate Road £ 170,0000.00 KM