Gloucester Avenue, Margate
TM

Gloucester Avenue, Margate

By TMS Estate Agents

£ 375,000

Reviews

3 out of 5 stars

TMS Estate Agents says ..

This four-bedroom semi-detached property offers immense potential for someone looking to undertake a renovation project and make it their own. Located on Gloucester Avenue, the beautiful sandy beaches of Palm Bay are within easy walking distance, being less than a mile away. The property features...

Property Oracle says ..

This four-bedroom semi-detached house in Margate’s Cliftonville East offers a compelling proposition for buyers seeking a coastal property with renovation potential. Its location is a key advantage, with nearby amenities including schools (Cliftonville Primary School has an ‘Outstanding’ Ofsted rating), and transport links that connect to the wider region. Palm Bay’s sandy beaches are also within walking distance.

The property itself presents a mixed bag. While certain rooms, notably the living areas and some bedrooms are attractively decorated and well-presented, other parts such as the kitchen and exterior areas are clearly in need of significant updating. The kitchen, in particular, displays exposed brickwork and damaged plaster, necessitating renovation. The bathroom appears to be relatively updated.

The garden, although present, seems rather overgrown and requires considerable work for it to be truly enjoyable. Its potential exists but it currently detracts from the property’s overall appeal. The property also appears to have some off-street parking.

In summary, this property presents a good opportunity for buyers willing to invest time and resources in renovations. The final value realized will significantly depend on the extent of the improvements undertaken. The asking price reflects the balance between the location’s desirability, the size of the house, and the considerable need for modernisation.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
4
Bedrooms
4
Bathrooms
1
Sqft (est)
1,271.00

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
388,182.00 £
Decreased by 15.21 %
from 457,805.00 £
Est sale value
699,050.00 £
Increased by 48.25 %
from 471,541.00 £
Average area rental value
885.00 £/mo
Decreased by 28.57 %
from 1,239.00 £/mo
Est letting value
1,271.00 £/mo
Unchanged by 0.00 %
from 1,271.00 £/mo
Est rental Yield
2.74 %
Decreased by 15.69 %
from 3.25 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • TMS Estate Agents marked this listing as sold.

  • TMS Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Cliftonville Primary SchoolAcademy Sponsor LedOutstanding0.78 KM
St Anthony'S SchoolFoundation Special SchoolGood0.81 KM
Northdown Primary SchoolAcademy Sponsor LedRequires improvement0.94 KM
Millmead Children'S CentreChildren's Centre1.70 KM
Lighthouse SchoolOther Independent Special SchoolGood1.85 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Rutland Gardens £ 537,50000.00 KM
Palm Bay Gardens £ 000.00 KM
Adisham Way £ 000.00 KM
Fifth Avenue £ 000.00 KM
Appledore Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Broadstairs5006BSR3.77 KM
Margate5018MAR4.51 KM
Dumpton Park5034DMP4.87 KM
Ramsgate5023RAM5.25 KM
Westgate-On-Sea5195WGA8.25 KM

Nearby Listings

AddressPriceTypeScoreDistance
Gloucester Avenue, Margate, CT9 3NW £ 800,000BUY7 / 100.08 KM
Gloucester Avenue, Cliftonville, Margate, Kent £ 429,500BUY7 / 100.09 KM
Gloucester Avenue, Cliftonville, Margate, Kent £ 396,500BUY7 / 100.09 KM
Gloucester Avenue, Cliftonville, Margate, Kent £ 650,000BUY7 / 100.09 KM
Gloucester Avenue, Cliftonville, Margate, Kent £ 525,000BUY6 / 100.09 KM

Nearby Properties

AddressPriceDistance
38 Gloucester Avenue £ 250,0000.09 KM
30 - 32 Gloucester Avenue £ 305,0000.09 KM
12 Gloucester Avenue £ 250,0000.09 KM
8 Gloucester Avenue £ 415,0000.09 KM
10 Gloucester Avenue £ 537,0000.09 KM