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The Street, Mersham, Ashford, Kent, TN25

South East

£385,000

Listed on 24/07/2026

Property details

Bedrooms
4
Type
Detached House
Area
2163 sqft

Description

This distinctive mixed-use property offers a unique opportunity for both residential and commercial investment in a charming village setting. The Grade II listed building includes a spacious three-bedroom apartment on the first floor, which is accessed independently from the side, along with an established village shop occupying the ground floor, secured by a 10-year lease that generates consistent rental income. In addition to these features, the property boasts a sizeable rear garden that presents potential for future development, pending the necessary planning approvals. Notably, there is an area of ground-floor space that is currently unused; this could be transformed into a self-contained one-bedroom unit or ancillary living space, enhancing rental prospects further. An independent planning appraisal has already been commissioned by the current owners, indicating possibilities for residential development in the garden area. However, it is advised that prospective buyers conduct thorough enquiries regarding planning suitability. Situated in Mersham, just two miles from Junction 10A of the M20, this property benefits from excellent transport links and community amenities including local shops, pubs, and schools. Ashford International Station is nearby and provides rapid services to London St Pancras. This property is particularly suitable for cash buyers or those with specialized financing arrangements due to its mixed-use nature.

Investment analysis

(TN25 area)

Below Market Value

This property is priced -51.6% below area average per sq ft

-51.6%
Potential saving
This Property
£178/sq ft
Area Average
£368/sq ft
Avg Rent (weekly)
£347
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£875,701
10% above area average per sq ft
Potential ROI
+88.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TN25)

Area prices are falling by -6.0% over the last 12 months
3 year growth: +2.1%
5 year growth: +5.0%
Investment Disclaimer: Analysis based on TN25 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

The Street, Mersham, Ashford, Kent, TN25
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,454
Based on a loan of £288,750 over 30 years at 4.45% 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.

Stamp duty calculator

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