Oakwood Homes says ..
A GOOD SIZED 3 BEDROOM DETACHED FAMILY HOME IN GOOD LOCATION AND IN NEED OF SOME UPDATING WITH OFF ROAD PARKING FOR 2 CARS. Located close to the QEQM hospital as well as the Old Town, sea front and station, along with local shops, schools and parks. Whilst needing some updating, this home offers...
Property Oracle says ..
This three-bedroom detached house in Salmestone, Margate, presents a mixed bag of advantages and disadvantages. The location is a strong point, with good access to local amenities, schools, and transport links. The proximity to the seafront, town centre, and hospital are additional attractive features for many buyers. However, the property’s condition is arguably the most significant factor affecting its value. While functional, the property shows its age. Cosmetic repairs and possible upgrades would be necessary to modernise the property and reach its full potential. For example, the exterior paintwork is peeling, and the interior is in need of refurbishment. The garden, although present, is small and currently unkempt. The asking price sits within the range of similar properties in the area, but it’s crucial for prospective buyers to factor in the cost of updating the property. The overall impression is that the property offers a solid opportunity, but with a clear need for renovation works that may significantly impact the total cost of ownership.
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
- 4
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft (est)
- 920.47
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
- 399,167.00 £Increased by 39.41 %
- Est sale value
- 263,254.42 £Decreased by 1.38 %
- Average area rental value
- 1,088.00 £/moDecreased by 5.39 %
- Est letting value
- 0.00 £/moDecreased by 100.00 %
- Est rental Yield
- 3.27 %Decreased by 32.16 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
Oakwood Homes created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Salmestone Primary School | Academy Sponsor Led | Good | 0.36 KM |
| Six Bells Children'S Centre | Children's Centre | 0.55 KM | |
| Margate, Holy Trinity And St John'S Church Of England Primary School | Voluntary Controlled School | Good | 0.68 KM |
| St Gregory'S Catholic Primary School, Margate | Academy Converter | Good | 0.70 KM |
| Drapers Mills Primary Academy | Academy Sponsor Led | Good | 1.00 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Homestead Close | £ 0 | 0 | 0.00 KM |
| Church Street | £ 0 | 0 | 0.00 KM |
| Alexandra Terrace | £ 0 | 0 | 0.00 KM |
| Shakespeare Road | £ 0 | 0 | 0.00 KM |
| Addiscombe Gardens | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Margate | 5018 | MAR | 1.54 KM |
| Ramsgate | 5023 | RAM | 4.94 KM |
| Westgate-On-Sea | 5195 | WGA | 5.12 KM |
| Broadstairs | 5006 | BSR | 5.81 KM |
| Dumpton Park | 5034 | DMP | 5.91 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Ulster Road, Margate, CT9 | £ 280,000 | BUY | 7 / 10 | 0.02 KM |
| Connaught Gardens, Margate, CT9 | £ 280,000 | BUY | 6 / 10 | 0.06 KM |
| Connaught Gardens, Margate, Kent | £ 171,500 | BUY | 7 / 10 | 0.09 KM |
| Connaught Gardens, Margate, Kent | £ 198,500 | BUY | 6 / 10 | 0.09 KM |
| Connaught Gardens, Margate, Kent | £ 300,000 | BUY | 6 / 10 | 0.09 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 3 Ulster Road | £ 129,950 | 0.02 KM |
| 12 Ulster Road | £ 124,995 | 0.02 KM |
| 7 Ulster Road | £ 250,000 | 0.02 KM |
| 20 Ulster Road | £ 118,000 | 0.02 KM |
| 6 Ulster Road | £ 300,000 | 0.02 KM |