Mann says ..
Investor Opportunity – Period Conversion of Two Duplex Apartments An investment opportunity comprising two self-contained duplex apartments within a converted period building in central Ramsgate. The freehold property measures approximately 1,396 sq. ft. and offers potential for ...
Property Oracle says ..
This terraced property is located on Hardres Street in Ramsgate, Kent. The area benefits from relatively close proximity to several primary and secondary schools, with the Chatham & Clarendon Grammar School being a notable example, rated as ‘Good’ by Ofsted. Transport links are also reasonably convenient, with several Southeastern train stations within a short distance, including Dumpton Park and Ramsgate.
Based on the provided images, the property appears to have undergone recent modernisation or renovation. The interior is presented in a clean, contemporary style, with new flooring, kitchen units, and a modern bathroom. There is evidence of some original features, such as the fireplace, suggesting a blend of modern and traditional elements. The exterior also appears to have been recently painted. The garden is relatively small but well-maintained, offering some outdoor space.
The list price of £375,000 is slightly higher than the average price for the area (£322,492). However, considering the property’s apparent recent renovation, its relatively modern interior, and the inclusion of a garden, the price may be justifiable. Further analysis of comparable properties on Hardres Street itself shows prices ranging from £114,000 to £425,000, indicating significant price variation within the street. The lack of square footage data for nearby properties prevents a precise comparison of price per square foot. The average price per square foot in the wider area is £329, while this property’s price per square foot is approximately £391, which is slightly above average but not excessively so given the apparent condition and improvements.
Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 9
- Location
- 7
- Land
- 6
- Bedrooms
- 0
- Bathrooms
- 0
- Sqft (est)
- 957.91
- Lot (est)
- 1,396.08
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
- 412,500.00 £Increased by 35.09 %
- Est sale value
- 350,595.06 £Increased by 7.96 %
- Average area rental value
- 1,172.00 £/moIncreased by 28.93 %
- Est letting value
- 957.91 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.41 %Decreased by 4.48 %
- Crime Rate
- 27.00 %Unchanged by 0.00 %
Agent Activity
Mann created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Chatham & Clarendon Grammar School | Academy Converter | Good | 0.34 KM |
| Liberty Training | Special Post 16 Institution | Requires improvement | 0.53 KM |
| Priory Children'S Centre | Children's Centre | 0.60 KM | |
| St Ethelbert'S Catholic Primary School | Voluntary Aided School | Good | 0.74 KM |
| Priory Infant School | Community School | Good | 0.78 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Union Street | £ 0 | 0 | 0.00 KM |
| Staffordshire Street | £ 225,000 | 0 | 0.00 KM |
| School Lane | £ 190,075 | 0 | 0.00 KM |
| Belmont Street | £ 199,167 | 0 | 0.00 KM |
| Broad Street | £ 155,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Dumpton Park | 5034 | DMP | 1.34 KM |
| Ramsgate | 5023 | RAM | 1.52 KM |
| Broadstairs | 5006 | BSR | 3.21 KM |
| Margate | 5018 | MAR | 7.61 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Hardres Street, Ramsgate, Kent, CT11 | £ 375,000 | BUY | 7 / 10 | 0.00 KM |
| Hardres Street, Ramsgate, Kent, CT11 | £ 450,000 | BUY | 6 / 10 | 0.01 KM |
| Hardres Street, Ramsgate, CT11 8QF | £ 195,000 | BUY | 6 / 10 | 0.01 KM |
| Hardres Street, Ramsgate | £ 275,000 | BUY | 5 / 10 | 0.06 KM |
| Cleaver Lane, Ramsgate, Kent, CT11 | £ 160,000 | BUY | 5 / 10 | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 46c Hardres Street | £ 94,000 | 0.00 KM |
| 32 Hardres Street | £ 425,000 | 0.00 KM |
| 46 Hardres Street | £ 125,000 | 0.00 KM |
| 42 Hardres Street | £ 114,000 | 0.00 KM |
| 46d Hardres Street | £ 95,000 | 0.00 KM |