Fresh Estates says ..
Fresh Estates are proud to present phase one of this unique development in the Old Town of Margate.
Property Oracle says ..
This newly built or recently renovated two-bedroom house in Margate’s Old Town presents a mixed bag of attributes. The property boasts a modern, clean interior and is conveniently located near various amenities including shops, restaurants, and several well-rated primary schools. Its proximity to Margate’s train station provides convenient access to other parts of Kent and beyond. The condition of the property, from the provided images, is excellent, showcasing modern finishes and a well-executed interior layout. However, the significant drawback is the absence of a garden or any meaningful outdoor space. For a property of this size in this location this is a significant downside. The listed price of £475,000 appears comparatively high in relation to available comparative data for the area, especially considering the lack of outdoor space. While the contemporary design and central location are enticing features, potential buyers should carefully weigh the benefits against the lack of outdoor space and the higher than average asking price before making a purchase decision. Prospective buyers should conduct thorough comparative market research within Margate’s Old Town and consider alternative properties with similar internal space and condition but more outdoor areas to gauge the true value proposition of this property.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 8
- Location
- 7
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 821.29
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
- 302,454.00 £Increased by 12.94 %
- Est sale value
- 524,804.31 £Increased by 208.70 %
- Average area rental value
- 976.00 £/moDecreased by 10.62 %
- Est letting value
- 1,642.58 £/mo
- Est rental Yield
- 3.87 %Decreased by 20.86 %
- Crime Rate
- 29.00 %Unchanged by 0.00 %
Agent Activity
Fresh Estates marked this listing as sold.
Fresh Estates created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Margate, Holy Trinity And St John'S Church Of England Primary School | Voluntary Controlled School | Good | 0.62 KM |
| Six Bells Children'S Centre | Children's Centre | 0.74 KM | |
| Salmestone Primary School | Academy Sponsor Led | Good | 1.38 KM |
| Cliftonville Children'S Centre | Children's Centre | 1.39 KM | |
| Lighthouse School | Other Independent Special School | Good | 1.50 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Holiday Square | £ 0 | 0 | 0.00 KM |
| Fountain Inn Court | £ 300,000 | 0 | 0.00 KM |
| Dane Hill Grove | £ 0 | 0 | 0.00 KM |
| Covell's Row | £ 0 | 0 | 0.00 KM |
| Gallery Walk | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Margate | 5018 | MAR | 1.35 KM |
| Westgate-On-Sea | 5195 | WGA | 5.03 KM |
| Ramsgate | 5023 | RAM | 6.15 KM |
| Broadstairs | 5006 | BSR | 6.53 KM |
| Dumpton Park | 5034 | DMP | 6.91 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Old Town Mews, Fort Road, Margate, Kent | £ 330,500 | BUY | Unknown | 0.03 KM |
| Fort Road, Old Town Mews, Margate, Kent | £ 600,000 | BUY | Unknown | 0.03 KM |
| Fort Road, Margate, Kent, CT9 | £ 150,000 | BUY | Unknown | 0.05 KM |
| Fort Road, Margate, Kent, CT9 | £ 200,000 | BUY | 5 / 10 | 0.05 KM |
| 42 Fort Hill, Margate, CT9 | £ 210,000 | BUY | 7 / 10 | 0.05 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 1 Fort Mount | £ 327,000 | 0.04 KM |
| 29 Fort Road | £ 99,000 | 0.05 KM |
| 27 Fort Road | £ 392,000 | 0.05 KM |
| 25 Fort Road | £ 249,000 | 0.05 KM |
| 36 Fort Hill | £ 490,000 | 0.07 KM |