Martin & Co says ..
MARTIN&CO are delighted to offer this investment opportunity to the market. The property comprises a two bedroom apartment with its own private courtyard, a two bedroom first floor split level apartment and a one bedroom split level apartment. All properties are currently tenanted with rents ...
Property Oracle says ..
This property in Dover, Kent, presents a mixed bag. Its location offers several positive aspects. The proximity to Dover Priory station ensures good transport links, which is vital for commuters. Moreover, several schools are within a reasonable distance, making it a potentially attractive option for families. The presence of multiple bedrooms and bathrooms makes it suitable for a family or could work well for rental income.
However, the property’s condition requires careful consideration. The photographs reveal a need for some modernisation and repairs. There is visible evidence of damp in several areas, which could indicate underlying structural issues and would require assessment. The general state of cleanliness and presentation further suggests the need for significant effort to bring it up to a desirable standard. While the presence of several bedrooms and bathrooms might appeal to tenants or larger families, the current state of some areas would be a significant deterrent. The small garden is a further element to consider as it is not a large garden.
The asking price sits within a realistic range for the area considering similar listed properties. While not a ‘steal’, it might prove competitive. However, potential buyers should factor in the cost of necessary repairs and renovations. A thorough professional survey is crucial before committing to a purchase to accurately assess the true cost of bringing this property up to a suitable standard. A prospective buyer should fully understand the level of investment required before making an offer.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 4
- Location
- 6
- Land
- 2
- Bedrooms
- 5
- Bathrooms
- 3
- Sqft (est)
- 536.15
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Metrics Year-on-Year
- Average area value
- 642,571.00 £Decreased by 5.01 %
- Est sale value
- 170,495.70 £Decreased by 10.42 %
- Average area rental value
- 1,045.00 £/moDecreased by 18.93 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 1.95 %Decreased by 14.85 %
- Crime Rate
- 7.00 %Unchanged by 0.00 %
Agent Activity
Martin & Co created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
St Martin'S School | Academy Converter | Good | 0.40 KM |
Astor Secondary School | Academy Converter | Requires improvement | 0.69 KM |
Vale View Community School | Academy Converter | 0.70 KM | |
Dover Grammar School For Boys | Foundation School | Good | 0.86 KM |
Aycliffe Community Primary School | Community School | Good | 0.98 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
Monins Road | £ 210,000 | 0 | 0.00 KM |
Belgrave Road | £ 230,000 | 0 | 0.00 KM |
Hamilton Road | £ 0 | 0 | 0.00 KM |
South Military Road | £ 0 | 0 | 0.00 KM |
Bastion Road | £ 325,000 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Dover Priory | 5033 | DVP | 1.82 KM |
Kearsney (Kent) | 5038 | KSN | 3.74 KM |
Martin Mill | 5040 | MTM | 8.54 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
Folkestone Road, Dover | £ 295,000 | BUY | 4 / 10 | 0.00 KM |
Lascelles Road, Dover, CT17 | £ 230,000 | BUY | Unknown | 0.04 KM |
Manor Road, Maxton, Dover, Kent | £ 172,000 | BUY | 6 / 10 | 0.12 KM |
Manor Road, Maxton, Dover, Kent | £ 260,000 | BUY | 6 / 10 | 0.12 KM |
Manor Road, Dover | £ 225,000 | BUY | 6 / 10 | 0.13 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
244b Folkestone Road | £ 80,000 | 0.02 KM |
244 Folkestone Road | £ 40,000 | 0.02 KM |
252 Folkestone Road | £ 269,995 | 0.02 KM |
256 Folkestone Road | £ 240,000 | 0.02 KM |
5 Lascelles Road | £ 246,000 | 0.09 KM |