eXp UK says ..

Property Oracle says ..

The property is a 1-bedroom flat located on West Cliff Road in Ramsgate, Kent. The list price is £120,000, and the property has 753.69 sqft of internal space. The location is good, within close proximity to Ramsgate train station (1.18km), and several well-regarded schools such as The Old Priory School (0.28km) and Christ Church Church of England Junior School (0.36km), both rated ‘Good’ by Ofsted. This makes the property attractive to families and commuters. However, the lack of plot size is a significant drawback. Based on the provided images, the property appears to be in need of modernisation. The carpets, wallpaper, and some of the fixtures and fittings look dated and worn. While the bathroom appears recently updated, the rest of the property requires significant work to bring it up to a modern standard. This impacts the overall condition score negatively. The absence of a garden or any outdoor space is a significant drawback, especially compared to other properties in the area. This severely limits the appeal of the property and contributes to a low land score. Considering the average price per sqft in the area is £321.00, and this property is listed at £120,000 for 753.69 sqft, the price per sqft is approximately £159.20. While this is significantly lower than the average, the required modernisation work needs to be factored in. The lower price reflects the property’s condition and lack of outdoor space. A buyer should budget for substantial renovation costs.

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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