Godwin Road, Margate, CT9 2
MO

Godwin Road, Margate, CT9 2

By Mooved

£ 270,000

Reviews

2 out of 5 stars

Mooved says ..

Mooved are delighted to present this sizeable four-bedroom terraced property on Godwin Road, Cliftonville, Margate—a fantastic investment opportunity brimming with potential for redevelopment or conversion

Property Oracle says ..

This four-bedroom, two-bathroom property in Cliftonville West, Margate offers potential but requires extensive renovation. The location is a key selling point, with close proximity to the seafront and various amenities including several schools with good Ofsted ratings. However, the property’s condition is a significant drawback. The images reveal a need for substantial interior refurbishment, including flooring, walls, and possibly kitchen and bathroom fixtures. The garden is overgrown and unkempt, requiring considerable landscaping. The lack of precise plot size information hinders a complete assessment of land value. The listed price of £270,000 appears ambitious given the necessary renovations. While the location is desirable, the extent of work needed significantly impacts the property’s current value. Potential buyers should factor in substantial renovation costs before making an offer. Further investigation into comparable recently sold properties in the immediate vicinity would be beneficial to determine a more accurate market valuation.

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
2
Bedrooms
4
Bathrooms
2
Sqft (est)
1,422.99

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
310,458.00 £
Increased by 9.60 %
from 283,264.00 £
Est sale value
678,766.23 £
Increased by 37.46 %
from 493,777.53 £
Average area rental value
1,056.00 £/mo
Decreased by 1.31 %
from 1,070.00 £/mo
Est letting value
1,422.99 £/mo
Unchanged by 0.00 %
from 1,422.99 £/mo
Est rental Yield
4.08 %
Decreased by 9.93 %
from 4.53 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Mooved created the listing.

Nearby Schools

NameTypeOfstedDistance
Cliftonville Children'S CentreChildren's Centre0.23 KM
Lighthouse SchoolOther Independent Special SchoolGood0.28 KM
Parkview AcademyOther Independent Special SchoolGood0.48 KM
Cliftonville Primary SchoolAcademy Sponsor LedOutstanding1.08 KM
Drapers Mills Primary AcademyAcademy Sponsor LedGood1.20 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Northdown Parade £ 450,00000.00 KM
Harold Close £ 000.00 KM
Park View £ 000.00 KM
Wyndham Avenue £ 130,00000.00 KM
Wellesley Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Margate5018MAR2.84 KM
Broadstairs5006BSR5.12 KM
Ramsgate5023RAM5.50 KM
Dumpton Park5034DMP5.79 KM
Westgate-On-Sea5195WGA6.59 KM

Nearby Listings

AddressPriceTypeScoreDistance
Godwin Road, Cliftonville, Margate, Kent, CT9 £ 120,000BUYUnknown0.01 KM
Godwin Road, Cliftonville, Margate, Kent, CT9 £ 125,000BUYUnknown0.01 KM
Godwin Road, Cliftonville, CT9 £ 575,000BUY7 / 100.04 KM
Godwin Road, Cliftonville, Margate £ 510,000BUYUnknown0.04 KM
Godwin Road, Cliftonville, Margate, Kent £ 180,000BUYUnknown0.07 KM

Nearby Properties

AddressPriceDistance
15 Godwin Road £ 198,0000.07 KM
5 Godwin Road £ 250,0000.07 KM
30 Godwin Road £ 118,2500.07 KM
24 Godwin Road £ 352,5000.07 KM
56 Godwin Road £ 126,0000.08 KM