Alexandra Road, Ramsgate, Kent, CT11
South East
£130,000Guide Price
Listed on 03/11/2026
Listed on 03/11/2026
The listing
Property details
Bedrooms
2Type
Terraced HouseArea
613 sqftDescription
Offered through the Modern Method of Auction, this chain-free two-bedroom mid-terrace house is described as having had several major improvements completed, with further internal work left for a buyer to finish. The seller reports a new roof, damp-course work and a new soakaway, while the boiler was installed around three years ago. A bathroom has also been fitted recently. The property has an EPC rating of C.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
71out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £130,000, this two-bedroom terrace is priced well below the local average at £212/sq ft versus £291, making it an attractive acquisition point for someone looking to add value. The interior is a substantial finishing project: several rooms have bare or unfinished floors, peeling wallpaper and damaged ceiling areas, while the fitted kitchen and clean, modern bathroom are already in place. The enclosed paved yard and the scope to choose the interior finishes add to its appeal. The listing also reports a new roof, a relatively recent boiler and completed damp-course works, though the roof is not adequately shown in the photos to assess independently.
This is being sold by Modern Method of Auction at a £130,000 guide price. Bidding can take the hammer above the guide, so the eventual price may not stay this cheap.
Key opportunities
- Acquire at a price well below the local average per square foot, leaving scope to create value through improvement.
- Make the bare floors, peeling wall finishes and damaged ceiling areas a coherent interior scheme, choosing finishes to suit the next owner.
- Build on the fitted kitchen, modern bathroom and enclosed paved yard rather than starting those parts of the project from scratch.
Key risks
- Several rooms need making-good, new floor finishes and redecoration, with unfinished ceiling areas adding to the scope; plan time and budget for a substantial multi-room programme rather than a cosmetic refresh.
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Transport
Nearest stations
Ramsgate Rail Station
0.3 miles
Train · Ramsgate
Dumpton Park Rail Station
0.6 miles
Train · Dumpton
Broadstairs Rail Station
1.6 miles
Train · Broadstairs
Thanet Parkway
2.4 miles
Train · Cliffs End
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£531
Based on a loan of £97,500 over 30 years at 5.13% interest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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