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Green Street Farm House, London Road, ME9

South East

£450,000
Listed on 21/05/2024

Property Details

Bedrooms
5
Type
Detached house
Area
2090 sqft

Description

This Grade II listed Georgian property is situated on an expansive plot of approximately 0.3 acres, presenting significant renovation and investment opportunities. The main house features four reception rooms, providing ample space for both entertaining and family activities. The large kitchen breakfast room is a central hub for daily living, while a convenient downstairs cloakroom adds practicality. The first floor accommodates five bedrooms, offering flexible options for family living or future upgrades. A family bathroom and separate W.C. complete the upper level, allowing for potential modernization or reconfiguration to enhance functionality. The property's outdoor spaces include gardens to the side and rear, with a separate access point that opens up possibilities for development, pending necessary planning approvals. This feature could be particularly appealing for investors looking to maximize the site's potential. Located in the village of Teynham, residents benefit from local amenities such as a mainline railway station providing easy access to London, alongside various day-to-day shopping options and a primary school. For broader retail needs, nearby towns like Faversham (5 miles), Canterbury (14 miles), and Sittingbourne (5 miles) offer a wider range of services as well as excellent educational options in both independent and public sectors. Sittingbourne boasts good transport links with quick road access to the M2 motorway; Junctions 5 and 6 are conveniently close at hand. The area also provides stress-free connections to the coast and London via rail services that reach the City in under an hour. Additionally, the proximity to international transport options through the Channel Tunnel at Folkestone and Dover Port makes this location attractive not only for residential living but also for potential investment ventures.

Investment Analysis

(ME9 area)

Below Market Value

This property is priced -40.4% below area average per sq ft

-40.4%
Potential saving
This Property
£215/sq ft
Area Average
£361/sq ft
Avg Rent (weekly)
£284
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Target Value
£830,514
10% above area average per sq ft
Potential ROI
+51.0%
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
11%
Properties sold annually

Local Market Trend (ME9)

Area prices are falling by +4.0% over the last 12 months
3 year growth: -10.6%
5 year growth: 3.8%
Investment Disclaimer: Analysis based on ME9 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

Green Street Farm House, London Road, ME9
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,648
Based on a loan of £337,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE