Miles & Barr says ..

Property Oracle says ..

The property is a 1-bedroom flat located in Fortuna Court, Ramsgate, CT11 9YE. It’s situated in the Central Harbour locality of Thanet, Kent, which is in the South East district of England. The flat is listed at £80,000 and has a size of 479 sqft. There is no plot size information provided.

The average house price in the area is significantly higher at £321,222, with an average price per sqft of £321. Considering the list price of £80,000, this property is considerably cheaper than the average. However, nearby comparable flats range from £60,000 to £145,000, suggesting that the list price falls within a reasonable range for similar properties in the area.

The property’s condition appears to be poor based on the provided images. There is visible damp, worn flooring and walls that require attention. The kitchen and bathroom also appear dated and in need of modernisation. The property would likely benefit from a full refurbishment.

The property benefits from a small balcony or patio area. While not a large garden, it does offer some outdoor space.

The location is advantageous, with Ramsgate railway station being within 0.73 km. Several primary and secondary schools are also within a short distance, making it a potentially attractive location for families or those seeking easy access to transportation.

Considering the property’s condition, the relatively low price compared to the average, and its convenient location, the property could be considered good value for money if the buyer is willing to undertake a full renovation. However, the necessary refurbishment costs 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. *

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