Past Auction - See Local Market Data For Sales Info

254/258 Northdown Road, Margate, Kent - CT9 2PX

Guide Price: £460,000

Beds: 4
Type: No data
Tenure: Freehold

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Property Details

McHugh & Co describes this property as:

Freehold Vacant Site with Planning Consent Granted for a Forty Bedroom Hotel and Restaurant. Thanet District Council. Situated on Northdown Road in a sought after vibrant location with a wide selection of bars, restaurants, shops and travelling facilities including the old Town Centre, Margate Beach, Margate Train Station (Southeastern) and Manston International Airport within 5 miles. A Freehold Site of Approximately 728 sq m (0.18 Acres) with planning consent granted by Thanet District Council dated 26th February 2021 under Planning Reference Number F/TH/20/0873 for ‘Erection of a four storey building (and part three storey, part single storey rear extension) with basement level to accommodate a Forty Bedroom Hotel (use class C1) with restaurant at ground floor and basement level, and associated parking to rear. Copies of the plans and documents available for inspection via Thanet District Council Planning Portal. ...

Auction Details

Auctioneer:
McHugh & Co
Auction date:
- 14 Jul 2021
Venue:

For viewings, biddings or more information:

Go to the McHugh & Co Website

Local Market Data

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The following data is based on a Freehold 4 bedroom . This data is derived and aggregated from public sources and to be used as a guide not an authority. Please let us know if you spot any anomalies.

Average sold price:

£348,950

Average asking price:

£405,499

Average price per sq/ft:

£211
Date Price Address Distance (miles)
12 Mar 2021 £492,000 17, Beresford Gardens, Cliftonville, CT9 3AN 0.43
14 Jan 2021 £465,000 85, Northumberland Avenue, CT9 3LX 0.35
13 Jan 2021 £290,000 37, Laleham Road, CT9 3QA 0.39
18 Dec 2020 £395,000 68, Norfolk Road, Cliftonville, CT9 2HZ 0.11
17 Dec 2020 £387,500 90, Norfolk Road, Cliftonville, CT9 2HZ 0.06
16 Dec 2020 £247,500 35, Glencoe Road, CT9 2SL 0.39
20 Nov 2020 £370,000 11, Approach Road, CT9 2AG 0.23
20 Nov 2020 £335,000 34, Windsor Avenue, CT9 2NQ 0.26
11 Nov 2020 £235,000 55, Harold Road, Cliftonville, CT9 2HS 0.09
04 Nov 2020 £360,000 53, Cornwall Gardens, Cliftonville, CT9 2JE 0.16
31 Jul 2020 £357,000 104, Norfolk Road, Cliftonville, CT9 2HZ 0.04
30 Jun 2020 £350,000 2, Arundel Road, CT9 2AW 0.13
26 May 2020 £380,000 32, Madeira Road, CT9 2QQ 0.25
12 May 2020 £291,800 67, Upper Dane Road, CT9 2LZ 0.38
07 May 2020 £468,000 46, Avenue Gardens, Cliftonville, CT9 3AZ 0.34
13 Mar 2020 £310,000 21, Windsor Avenue, CT9 2NE 0.24
06 Mar 2020 £335,000 59, Approach Road, CT9 2AP 0.15
02 Mar 2020 £305,000 23, Northdown Avenue, CT9 2NW 0.09
07 Feb 2020 £452,500 17, Avenue Gardens, Cliftonville, CT9 3BD 0.38
28 Jan 2020 £299,995 12, Wellesley Road, CT9 2UH 0.28

The following data is based on a Freehold 4 bedroom . This data is derived and aggregated from public sources and to be used as a guide not an authority. Please let us know if you spot any anomalies.

Average weekly rental: £351

Average yield: 4.5%

Weekly Rent Bedrooms Property Type distance (miles)
£265 4 terraced_house 0.49
£300 4 semi-detached_house 0.78
£346 4 terraced_house 0.89
£392 4 detached_house 1.21
£323 4 terraced_house 1.87
£346 4 detached_house 2.18
£369 4 detached_house 2.29
£1,154 4 semi-detached_house 2.51
£288 4 terraced_house 2.88
£577 4 detached_house 3.54
£288 4 semi-detached_house 3.59
£346 4 flat 4.11
£340 4 semi-detached_house 6.13
£369 4 detached_house 10.58
£312 4 detached_house 11.31
£369 4 detached_house 11.85
£369 4 detached_house 12.63
£414 4 terraced_house 12.81
£335 4 terraced_house 12.81
£1,500 4 detached_house 13.49