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The Quarries, Boughton Monchelsea

South East

£200,000
Listed on 01/08/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
604 sqft

Description

This two-bedroom terraced cottage offers a unique opportunity for renovation enthusiasts or investors seeking a project in a desirable location within the The Quarries conservation area, adjacent to the village of Boughton Monchelsea. Built around 1879, the property features classic brick and stone elevations topped with a pitched roof, creating a charming historical aesthetic. The layout spans two levels, requiring significant refurbishment but brimming with potential. The ground floor comprises a sitting/dining room showcasing a feature fireplace, which could serve as a focal point in an updated design. This space flows into a kitchen area and leads to a lean-to conservatory that opens up possibilities for expanding living space. A family bathroom completes this level. On the first floor, you'll find two bedrooms; one is generously sized and positioned at the front, while the other is smaller and located at the rear—both offer opportunities to maximize their utility and comfort through thoughtful renovations. Outside, the property includes a compact courtyard garden with patio space that provides access to a shared resident pathway. This leads to a private detached garden and storage outbuilding, giving ample room for outdoor enhancements or recreational use. Potential buyers should take note of the current condition of the cottage when considering financing options, as extensive work will be required to bring it up to modern standards. Additionally, neighboring properties are also on the market, presenting further investment opportunities in this appealing area. With no onward chain, this property is ready for its next chapter—one where your vision can transform it into a stunning home or rental asset.

Investment Analysis

(ME17 area)

Below Market Value

This property is priced -15.0% below area average per sq ft

-15.0%
Potential saving
This Property
£331/sq ft
Area Average
£390/sq ft
Avg Rent (weekly)
£339
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£258,917
10% above area average per sq ft
Potential ROI
-13.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (ME17)

Area prices are stable by +1.1% over the last 12 months
3 year growth: 2.5%
5 year growth: 11.0%
Investment Disclaimer: Analysis based on ME17 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 Quarries, Boughton Monchelsea
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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
£733
Based on a loan of £150,000 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE