HENDERSON SETTERFIELD says ..

Property Oracle says ..

This one-bedroom flat located on South Eastern Road in Ramsgate, Kent, presents a mixed bag of opportunities and challenges. Its location in the Central Harbour area is a plus, offering easy access to amenities, transport, and well-regarded schools. Ramsgate railway station is conveniently close by, ensuring good connectivity. The property’s proximity to several good-rated primary schools further enhances its appeal to families. However, the provided images reveal that the property requires some refurbishment. The kitchen and bathroom appear dated, and some cosmetic work is needed on the walls. The absence of a garden or any significant outdoor space is a noticeable downside. Considering similar properties in the area, the list price of £150,000 seems reasonable, acknowledging the need for renovations. However, the lack of square footage data for comparable properties makes an in-depth price per sqft analysis impossible. The potential buyer needs to factor in renovation costs before making a final decision. Overall, the property is suitable for first-time buyers or investors seeking a project, but the necessary renovations should be carefully considered.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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