Former Nurses Residence, 38 Canterbury Road, Margate, Kent, CT9
MI

Former Nurses Residence, 38 Canterbury Road, Margate, Kent, CT9

By Miles & Barr

£ 230,000

Reviews

2 out of 5 stars

Miles & Barr says ..

-A GOOD SIZED 2 BEDROOM APART MENT LOCATED CLOSE TO BOTH THE SEA FRONT AND THE MAINLINE STATION. Early viewing is a must to appreciated the size of this fantastic apartment with video entry system and secure underground parking. The apartment itself has a large open plan living room/k...

Property Oracle says ..

The property is a 2-bedroom flat located in Westbrook, Thanet, Kent. It is situated on Canterbury Road, relatively close to Margate’s Southeastern train station (0.47 KM). The area has several schools within a reasonable distance, including Cherry Tree (0.30 KM) and Hartsdown Academy (0.63 KM), offering varying Ofsted ratings. The proximity to transport links and schools is positive. However, the average house price in the area is significantly higher than the listed price of £230,000. The average price per square foot is £372, while this property is listed at a much lower price per square foot given its size of 780.30 sqft. The images reveal that the property is in need of some modernisation and is not in pristine condition. There is clutter visible throughout the property in the photos. The kitchen and living areas appear lived-in and could benefit from a refresh. While the bathroom appears relatively modern, the overall condition suggests a need for some level of renovation or updating to enhance its appeal and market value. The property does not appear to have a private garden, based on the provided images. Considering the lower-than-average price per square foot compared to the area, the list price of £230,000 may seem attractive to buyers looking for a property requiring renovation in a reasonably convenient location. However, the need for modernisation should be factored into any purchase decision.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
780.30
Lot (est)
780.30

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
355,036.50 £
Increased by 2.71 %
from 345,672.90 £
Average area rental value
1,362.00 £/mo
Increased by 5.75 %
from 1,288.00 £/mo
Est letting value
780.30 £/mo
Unchanged by 0.00 %
from 780.30 £/mo
Est rental Yield
4.57 %
Increased by 17.78 %
from 3.88 %
Crime Rate
11.00 %
Unchanged by 0.00 %
from 11.00 %

Agent Activity

  • Miles & Barr created the listing.

Nearby Schools

NameTypeOfstedDistance
Cherry TreeOther Independent Special SchoolGood0.30 KM
Hartsdown AcademyAcademy ConverterRequires improvement0.63 KM
Garlinge Children'S CentreChildren's Centre0.97 KM
Garlinge Primary School And NurseryFoundation SchoolGood1.10 KM
St Gregory'S Catholic Primary School, MargateAcademy ConverterGood1.64 KM

Images

Picture 1 Picture 2 Picture 3 Picture 4 Picture 5 Picture 6 Picture 7 Picture 8 Picture 9 Picture 10 Picture No. 21 Picture No. 23 Picture No. 18 Picture No. 19 Picture No. 24 Picture No. 20 Picture No. 22

Nearby Streets

NameAverage PriceAverage SqftDistance
Naylands £ 000.00 KM
All Saints Avenue £ 000.00 KM
Waverley Road £ 000.00 KM
Pembroke Avenue £ 450,00000.00 KM
Hall by the Sea Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Margate5018MAR0.47 KM
Westgate-On-Sea5195WGA3.28 KM
Ramsgate5023RAM6.54 KM
Birchington-On-Sea5163BCH7.38 KM
Broadstairs5006BSR7.78 KM

Nearby Listings

AddressPriceTypeScoreDistance
Canterbury Road, Margate, Kent, CT9 £ 400,000BUY5 / 100.00 KM
Former Nurse Residence, Canterbury Road , Westbrook £ 230,000BUY4 / 100.00 KM
Canterbury Road, Westbrook, Margate, Kent £ 200,000BUY6 / 100.00 KM
Former Nurses Residence, 38 Canterbury Road, Margate, Kent, CT9 £ 230,000BUY4 / 100.00 KM
Canterbury Road, Margate, CT9 £ 220,000BUY5 / 100.00 KM

Nearby Properties

AddressPriceDistance
99a Canterbury Road £ 130,0000.09 KM
8 Hatfeild Road £ 30,0000.09 KM
6 Hatfeild Road £ 465,0000.09 KM
12 Hatfeild Road £ 430,0000.09 KM
1 Hatfeild Road £ 32,0000.09 KM