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Woodgrange Drive, Thorpe Bay, SS1 - Image 1
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Woodgrange Drive, Thorpe Bay, SS1

East of England

£500,000
Listed on 10/05/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1328 sqft

Description

This three-bedroom family home presents a unique opportunity for those looking to invest in a property with significant renovation potential. The layout provides a solid foundation that can be tailored to modern tastes, making it ideal for both families and investors seeking a project. Inside, the spacious reception hall welcomes you, leading to two generous reception rooms. The lounge features dual-aspect windows and a charming gas fireplace, while the dining room opens onto the rear garden through double glazed French doors, allowing for plenty of natural light. The well-equipped kitchen includes essential amenities such as built-in appliances and ample storage, along with practical features like an under-stairs cupboard and tiled flooring. The first floor comprises three well-proportioned bedrooms, each benefiting from natural light and fitted wardrobes. The shower room is fully tiled and includes a double-width walk-in shower, offering contemporary style and functionality. Additionally, there is a separate W.C., adding convenience for family living. Externally, the property boasts an established rear garden extending approximately 65 feet. This space features a large patio area perfect for outdoor gatherings, alongside a lawn bordered by mature plants. At the rear of the garden, there is another patio with a summer house equipped with power and lighting—a great feature for potential conversion into additional leisure space or office use. Off-street parking can accommodate several vehicles thanks to the block-paved driveway at the front of the home. With gated side access connecting both front and rear spaces, this property not only offers functional benefits but also flexibility in how it can be further developed (subject to planning permission). Located within walking distance of local amenities including shops, eateries, and Greenways School—this home combines community convenience with promising investment opportunities. Whether you're looking to create your dream home or enhance your investment portfolio, this property is worth considering for its potential.

Investment Analysis

(SS1 area)

Above Market Value

This property is priced +3.5% above area average per sq ft

+3.5%
This Property
£377/sq ft
Area Average
£364/sq ft
Avg Rent (weekly)
£270
Avg Yield
4.1%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£531,439
10% above area average per sq ft
Potential ROI
+1.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (SS1)

Area prices are rising by +9.2% over the last 12 months
3 year growth: 6.5%
5 year growth: 23.4%
Investment Disclaimer: Analysis based on SS1 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

Woodgrange Drive, Thorpe Bay, SS1
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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
£1,832
Based on a loan of £375,000 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.

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