Grundys Hill, Ramsgate
OA

Grundys Hill, Ramsgate

By Oakwood Homes

£ 125,000

Reviews

2 out of 5 stars

Oakwood Homes says ..

Town centre apartment! This is a great opportunity to purchase a second floor apartment located right in the heart of Ramsgate, directly opposite Waitrose and a short walk away from the seafront with many cafes and bars overlooking the Royal Harbour. The property will make a superb first time bu...

Property Oracle says ..

This one-bedroom, one-bathroom apartment in Ramsgate, Kent is listed at £125,000. The property is located in a central location close to Waitrose supermarket and a short walk from the seafront, providing easy access to local amenities and the Royal Harbour. The provided photos reveal a property in fair condition, however, an update would greatly benefit the property’s overall aesthetic and potential market value. The kitchen and bathroom appear somewhat dated, and the overall finish could be improved. The interior has brown carpeting in the rooms. The apartment is located on an upper floor with a small balcony overlooking the street. A significant drawback is the lack of any garden or outdoor space. While the list price is relatively in line with other nearby properties, the lack of detailed information on square footage and property condition means it’s difficult to definitively assess its value. Potential buyers should carefully consider the need for some updating and modernizing before making a purchasing decision. The apartment is ideal for first-time buyers or investors looking for a property in a good location, but the condition and lack of outside space should be kept in mind. Further investigation of the specific building and its maintenance history would be beneficial prior to purchase. Ramsgate’s housing market should also be researched for further comparative information and trends.

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
7
Condition
5
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
630.00

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
321,222.00 £
Decreased by 6.55 %
from 343,740.00 £
Est sale value
202,230.00 £
Increased by 64.62 %
from 122,850.00 £
Average area rental value
1,103.00 £/mo
Increased by 22.01 %
from 904.00 £/mo
Est letting value
630.00 £/mo
from 0.00 £/mo
Est rental Yield
4.12 %
Increased by 30.38 %
from 3.16 %
Crime Rate
20.00 %
Unchanged by 0.00 %
from 20.00 %

Agent Activity

  • Oakwood Homes created the listing.

Nearby Schools

NameTypeOfstedDistance
Liberty TrainingSpecial Post 16 InstitutionRequires improvement0.03 KM
Chatham & Clarendon Grammar SchoolAcademy ConverterGood0.50 KM
Priory Children'S CentreChildren's Centre0.53 KM
The Old Priory SchoolOther Independent Special SchoolGood0.56 KM
Priory Infant SchoolCommunity SchoolGood0.68 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
St. Michael's Alley £ 136,75000.00 KM
Grundy's Hill £ 000.00 KM
Albert Street £ 218,00000.00 KM
Archway Road £ 000.00 KM
Cornhill £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Ramsgate5023RAM1.48 KM
Dumpton Park5034DMP1.84 KM
Broadstairs5006BSR3.70 KM
Margate5018MAR7.71 KM

Nearby Listings

AddressPriceTypeScoreDistance
Ramsgate £ 26,000BUY4 / 100.00 KM
Grundys Hill, Ramsgate £ 125,000BUY5 / 100.00 KM
Ramsgate £ 26,000BUYUnknown0.00 KM
Queen Street, Ramsgate, Kent £ 120,000BUY6 / 100.04 KM
Queen Street, Ramsgate, Kent £ 91,500BUY5 / 100.04 KM

Nearby Properties

AddressPriceDistance
12 Albert Street £ 195,0000.05 KM
6 Albert Street £ 130,0000.05 KM
32 Adelaide Gardens £ 465,0000.06 KM
17 Adelaide Gardens £ 212,0000.06 KM
31 Adelaide Gardens £ 300,0000.06 KM