Friendly Close, Margate, CT9
MI

Friendly Close, Margate, CT9

By Miles & Barr

£ 500,000

Reviews

3 out of 5 stars

Miles & Barr says ..

Miles and Barr are proud to present this charming three-bedroom detached bungalow located on Friendly Close, a secluded no-through road off Northdown Park Road. Properties on Friendly Close rarely come on the market, making this a unique opportunity. Nestled at the end of the road, the bungalow e...

Property Oracle says ..

The property is a 3-bedroom, 2-bathroom bungalow located in Friendly Close, Margate, CT9. The list price is £500,000 and the property is 1,116 sqft.

The property appears to be in good condition, well maintained and presented. The interior is clean and tidy, with modern updates to the kitchen and bathrooms. The property benefits from a well-maintained garden, which adds to its overall appeal.

The location is good, within reasonable proximity to local amenities and schools. There are several primary schools within a 1km radius, including Cliftonville Primary School, which has an “Outstanding” Ofsted rating. The area also has good transport links, with several Southeastern train stations within a short distance.

Considering the average price of similar properties in the area (£452,486) and the average price per sqft (£404), the list price of £500,000 appears to be slightly above average. However, given the good condition of the property, the inclusion of a garden, and its desirable location, the price may be justified. Further analysis of comparable properties with similar features could provide a more definitive conclusion on the pricing.

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
8
Location
8
Land
7
Bedrooms
3
Bathrooms
2
Sqft (est)
1,116.00

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
388,182.00 £
Decreased by 15.21 %
from 457,805.00 £
Est sale value
613,800.00 £
Increased by 48.25 %
from 414,036.00 £
Average area rental value
885.00 £/mo
Decreased by 28.57 %
from 1,239.00 £/mo
Est letting value
1,116.00 £/mo
Unchanged by 0.00 %
from 1,116.00 £/mo
Est rental Yield
2.74 %
Decreased by 15.69 %
from 3.25 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Miles & Barr created the listing.

Nearby Schools

NameTypeOfstedDistance
St Anthony'S SchoolFoundation Special SchoolGood0.62 KM
Northdown Primary SchoolAcademy Sponsor LedRequires improvement0.71 KM
Cliftonville Primary SchoolAcademy Sponsor LedOutstanding1.00 KM
Kms Kent LtdSpecial Post 16 Institution1.22 KM
Cross Keys LearningOther Independent Special SchoolRequires improvement1.22 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Adisham Way £ 000.00 KM
Rutland Gardens £ 537,50000.00 KM
Appledore Close £ 000.00 KM
Albert Road £ 239,98300.00 KM
George Hill Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Broadstairs5006BSR3.15 KM
Dumpton Park5034DMP4.20 KM
Ramsgate5023RAM4.64 KM
Margate5018MAR4.72 KM
Westgate-On-Sea5195WGA8.42 KM

Nearby Listings

AddressPriceTypeScoreDistance
Friendly Close, Margate, CT9 £ 500,000BUY7 / 100.00 KM
Friendly Close, Margate, CT9 £ 475,000BUY6 / 100.06 KM
West Park Avenue, Margate, CT9 £ 600,000BUY5 / 100.09 KM
Queen Elizabeth Avenue, Margate, CT9 £ 395,000BUY7 / 100.09 KM
West Park Avenue, Cliftonville, Margate, Kent £ 400,000BUY7 / 100.11 KM

Nearby Properties

AddressPriceDistance
8 Friendly Close £ 250,0000.03 KM
3 Friendly Close £ 170,0000.03 KM
4 Friendly Close £ 273,0000.03 KM
2 Friendly Close £ 190,0000.03 KM
32 Queen Elizabeth Avenue £ 345,0000.08 KM