Nash Lane, Margate, CT9
MI

Nash Lane, Margate, CT9

By Miles & Barr

£ 325,000

Reviews

2 out of 5 stars

Miles & Barr says ..

TWO BEDROOM DETACHED BUNGALOW WITH AN ABUNDANCE OF PARKING BEING SOLD CHAIN FREE!!Presenting a charming two-bedroom detached bungalow on Nash Lane, Miles and Barr are thrilled to introduce this property, featuring the added bonus of No Onward Chain!

Property Oracle says ..

This two-bedroom detached bungalow in Margate’s Salmestone area presents a mixed bag. Its location is a significant positive; it’s near well-regarded schools and the town centre, making it suitable for families. The relatively close proximity to Margate’s coastline and transport links is also a definite advantage. However, the property’s condition requires attention. The dated interiors, including kitchen and bathrooms, require modernisation to bring them up to contemporary standards. The size of the plot appears modest, though the garden is manageable and includes a greenhouse. The price of £325,000 seems competitive considering the nearby properties although more comprehensive local pricing information (especially square footage of comparable properties) is needed to make a more solid judgment on its value. Potential buyers should factor in the cost of renovations when assessing its overall value. While it offers a quiet residential setting with accessibility to amenities, it is crucial for prospective buyers to acknowledge the need for modernisation before making an offer.

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
2
Bathrooms
2
Sqft (est)
887.00

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
399,167.00 £
Increased by 39.41 %
from 286,322.00 £
Est sale value
253,682.00 £
Decreased by 1.38 %
from 257,230.00 £
Average area rental value
1,088.00 £/mo
Decreased by 5.39 %
from 1,150.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 887.00 £/mo
Est rental Yield
3.27 %
Decreased by 32.16 %
from 4.82 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Miles & Barr created the listing.

Nearby Schools

NameTypeOfstedDistance
Enterprise Learning AlliancePupil Referral UnitGood0.70 KM
Salmestone Primary SchoolAcademy Sponsor LedGood0.93 KM
Drapers Mills Primary AcademyAcademy Sponsor LedGood0.94 KM
St Gregory'S Catholic Primary School, MargateAcademy ConverterGood1.00 KM
Six Bells Children'S CentreChildren's Centre1.35 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Rowe Close £ 000.00 KM
Half Mile Ride £ 242,16500.00 KM
Sun Lane £ 000.00 KM
Channel Road £ 000.00 KM
Addiscombe Gardens £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Margate5018MAR2.23 KM
Ramsgate5023RAM4.14 KM
Dumpton Park5034DMP5.18 KM
Broadstairs5006BSR5.23 KM
Westgate-On-Sea5195WGA5.56 KM

Nearby Listings

AddressPriceTypeScoreDistance
Nash Lane, Margate, CT9 £ 260,000BUY5 / 100.00 KM
Farley Road, Margate, CT9 £ 345,000BUY7 / 100.10 KM
Farley Road, Margate, CT9 £ 399,995BUY7 / 100.12 KM
Nash Lane, Margate, Kent, CT9 4EX £ 324,950BUY7 / 100.12 KM
Nash Lane, Margate, CT9 4EX £ 315,000BUY7 / 100.12 KM

Nearby Properties

AddressPriceDistance
24 Farley Road £ 390,0000.10 KM
12 Farley Road £ 395,0000.10 KM
1 Farley Road £ 158,2500.10 KM
3a Farley Road £ 370,0000.10 KM
11 Farley Road £ 206,5000.10 KM