2 Bed Bungalow, Single Let, Herne Bay, CT6 7BJ, £325,000

95 Margate Road, Herne Bay, Kent, CT6 7BJ - 4 views - 2 months ago

BTL
76 m²
+12 photos

ValuationFair Value

Sold Prices£182.5K - £440K
Sold Prices/m²£2.8K/m² - £6.4K/m²

 

 

Square Metres

76 m²
Price/m²£4.3K/m²

Value Estimate

£330,667

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£14,700

Total Cash In

£95,950

 

 

Cash Out

 

Rent Range

£800 - £1,700

Rent Estimate

£856

Running Costs/mo

£1,207

Cashflow/mo

£-351

Cashflow/yr

£-4,210

Gross Yield

3%

Local Sold Prices

50 sold prices from £182.5K to £440K, average is £298.5K. £2.8K/m² to £6.4K/m², average is £4.4K/m².

PriceDateDistanceAddressBeds 
£241.5K07/210.01 mi76a, Margate Road, Herne Bay, Kent CT6 7BJ2
£270K04/230.01 mi115, Margate Road, Herne Bay, Kent CT6 7BJ2
£230K02/210.04 mi96, Margate Road, Herne Bay, Kent CT6 7AG2
£295K12/220.16 mi7, The Meadows, Herne Bay, Kent CT6 7XB2
£210K11/200.21 mi3, Rye Walk, Herne Bay, Kent CT6 7XD2
£360K09/210.25 mi20, Hunters Chase, Herne Bay, Kent CT6 7BD2
£265K08/230.27 mi87, Broomfield Road, Herne Bay, Kent CT6 7BB2
£245K12/200.44 mi42, Hunters Forstal Road, Herne Bay, Kent CT6 7DN2
£255K06/210.45 mi33, Peartree Road, Herne Bay, Kent CT6 7EG2
£182.5K06/210.45 mi21, Peartree Road, Herne Bay, Kent CT6 7EG2
£248K03/230.45 mi21, Peartree Road, Herne Bay, Kent CT6 7EG2
£310K11/200.54 mi14, Highfields Avenue, Beltinge, Herne Bay, Kent CT6 6LN2
£225K05/230.59 mi25, Churchill Avenue, Beltinge, Herne Bay, Kent CT6 6SG2
£350K03/210.64 mi16, Lawrence Gardens, Herne Bay, Kent CT6 6NL2
£362K10/210.64 mi26, Lawrence Gardens, Herne Bay, Kent CT6 6NL2
£360K12/200.64 mi12, Lawrence Gardens, Herne Bay, Kent CT6 6NL2
£395K11/220.65 mi44, Mill Lane, Herne Bay, Kent CT6 7DP2
£400K12/220.66 mi7, Willow Tree Close, Beltinge, Herne Bay, Kent CT6 6PA2
£280K02/210.66 mi36, Lawrence Gardens, Herne Bay, Kent CT6 6NL2
£325K08/210.7 mi15, Hawe Farm Way, Herne Bay, Kent CT6 7UD2
£250K11/200.7 mi3, Hawe Farm Way, Herne Bay, Kent CT6 7UD2
£297K02/210.72 mi10, Queens Avenue, Herne Bay, Kent CT6 6NE2
£310K06/210.72 mi7, Rose Gardens, Herne Bay, Kent CT6 6NJ2
£345K07/210.74 mi40, Coventry Gardens, Beltinge, Herne Bay, Kent CT6 6SB2
£340K03/210.75 mi6, Hillcroft Road, Herne Bay, Kent CT6 7EL2
£325K01/230.78 mi4, Glenbrook Close, Beltinge, Herne Bay, Kent CT6 6PS2
£300K12/220.79 mi1, Rosebery Avenue, Herne Bay, Kent CT6 6RU2
£322K02/210.79 mi36, Windmill Road, Herne Bay, Kent CT6 7DF2
£290K12/220.8 mi38, Barnes Way, Herne Bay, Kent CT6 6RX2
£310K05/210.8 mi15, Herneville Gardens, Herne Bay, Kent CT6 6EE2
£440K11/220.81 mi11b, Lancaster Gardens, Beltinge, Herne Bay, Kent CT6 6PU2
£315K03/230.83 mi41, Cormorant Way, Herne Bay, Kent CT6 6HG2
£285K06/230.83 mi30, Plaxton Way, Herne Bay, Kent CT6 6FN2
£350K08/210.84 mi20, Windmill Road, Herne Bay, Kent CT6 7DL2
£280K04/210.84 mi104, Woodrow Chase, Herne Bay, Kent CT6 7JW2
£253.5K06/210.86 miHawthorn Glen, Hawthorn Corner, Herne Bay, Kent CT6 6TJ2
£300K09/210.86 mi92, Woodrow Chase, Herne Bay, Kent CT6 7JW2
£310K08/230.86 mi92, Woodrow Chase, Herne Bay, Kent CT6 7JW2
£345K11/210.88 mi26, Mill View Road, Herne Bay, Kent CT6 7JF2
£240K03/210.89 mi34, Mayfield Road, Herne Bay, Kent CT6 6EJ2
£290K05/210.92 mi8, Glenbervie Drive, Herne Bay, Kent CT6 6QL2
£335K10/210.92 mi4, Glenbervie Drive, Herne Bay, Kent CT6 6QL2
£300K05/230.93 mi7, Streetfield, Herne Bay, Kent CT6 7AT2
£270K06/210.94 mi16, Mayfield Road, Herne Bay, Kent CT6 6EH2
£277.5K04/230.95 mi10a, Mayfield Road, Herne Bay, Kent CT6 6EH2
£250K03/210.97 mi106, Barnes Way, Herne Bay, Kent CT6 6RX2
£285K11/220.97 mi100, Barnes Way, Herne Bay, Kent CT6 6RX2
£300K07/210.97 mi8, Priory Lane, Herne Bay, Kent CT6 5UH2
£355K06/210.98 mi63, Oakdale Road, Herne Bay, Kent CT6 6AL2
£237.5K04/210.98 mi40, Barnes Way, Herne Bay, Kent CT6 6RX2

Local Rents

23 rents from £800/mo to £1.7K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,10001/250.81 mi-2
£1,10012/240.87 mi-2
£1,20012/240.93 miStreetfield, Herne Bay2
£85004/250.94 mi-2
£1,50003/250.99 mi-2
£1,00003/251.01 mi-2
£99512/241.02 miOakdale Road, Herne Bay2
£1,50012/241.05 mi-2
£95012/241.11 miCanterbury Road Herne Bay CT62
£1,70012/241.15 miBeacon Hill Apartment, Herne Bay2
£1,70012/241.15 miBeacon Hill Apartments, Herne Bay - Ref 38652
£1,30012/241.15 miBeacon Hill Apartments, Herne Bay CT6 6BA2
£1,70012/241.15 mi11, Beacon Hill Apartments. Herne Bay2
£1,70012/241.15 mi5 Beacon Hill Apartments - Ref 38462
£95012/241.17 miBeltinge Road, Herne Bay, CT62
£1,25008/241.18 mi-2
£1,25007/231.2 mi-2
£1,30011/231.2 mi-2
£1,25007/241.2 mi-2
£1,20012/241.2 mi-2
£87512/241.21 miCanterbury Road, Herne Bay2
£89512/241.22 miVictoria Park, Herne Bay2
£80012/241.22 miVictoria Park Herne Bay CT62

Local Area Statistics

Population in ct6

38,589

Population in Herne Bay

38,592

Town centre distance

1.15 miles away

Nearest school

0.90 miles away

Nearest train station

1.61 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+2%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Listed for £325,000

February 22, 2025

Floor Plans

Description

  • Semi Detached Bungalow In Desirable Location +
  • Beautifully Decorated Throughout +
  • Popular Broomfield Location Close to Schools and Road Links +
  • Secluded Rear Garden +

Kimber Estates are delighted to present to the market this immaculate two-bedroom semi-detached bungalow, with exciting potential to extend out or up, as many in the close have done, subject to the correct planning applications and permissions. The home is located on the outskirts of Broomfield benefitting from being within walking distance to shop, post office and village pub whilst being surrounded by countryside walks. Internally the home is comprised of entrance porch which leads into the hallway, there's two double bedrooms located to the front of the home both benefitting from space to put wardrobes. The luxury bathroom features p-shaped bath with shower above, vanity unit and W/C. The stylish modern fitted kitchen features a contemporary look and has decent space for a Range cooker, washing machine and dishwasher. Completing the internal accommodation is a well-proportioned conservatory that is accessed internally from the kitchen and lounge which leads out to the rear garden. The rear garden has been beautifully looked after, with patio area, laid to lawn with mature borders, and large decked seating area to the rear. To complete the picture there is a driveway providing off street parking to the front.

Agent Details

Kimber Estates, Herne Bay

01227 204627

Next Steps?

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