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Pye Corner, Ulcombe, Maidstone

South East

£500,000
Listed on 23/02/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1868 sqft

Description

This charming detached family home is situated in a peaceful semi-rural village, offering a unique opportunity for renovation and investment. Set on a generous corner plot of approximately 1/4 acre, the property presents itself as a blank canvas, inviting creative updates to make it your own. The ground floor features a spacious lounge, along with a kitchen/dining area that opens to the conservatory, providing an ideal space for family gatherings or entertaining. A cloakroom adds convenience to this level. Upstairs, the home includes three bedrooms and a four-piece family bathroom, offering ample living space. Outside, the property boasts a gated driveway leading to extensive mature gardens that are primarily laid to lawn. These outdoor spaces include a greenhouse and timber shed, along with a hedge screening for added privacy. The various outbuildings enhance the investment potential; one is a detached timber structure that can serve as additional storage or possibly even a utility room, equipped with power and light. A larger workshop at the rear comes with vehicular access through an "up and over" garage door and features its own personal entry to the garden. This versatile building could be utilized for various purposes, whether you’re looking to establish a business or need substantial workshop space. To further complement these offerings, there’s an impressive detached garage with vaulted ceilings reaching approximately 14 feet high. It has sliding doors at the front and an "up and over" door at the side for easy access from the driveway. This sizeable structure provides excellent potential for vehicle enthusiasts looking for secure storage or maintenance space. The location adds significant value to the property; nestled just 1 mile from Ulcombe village and about 3 miles from Headcorn, residents have easy access to local amenities including shops, a Post Office, and major transport links via Headcorn's mainline train station with services into London’s Charing Cross. Families will appreciate nearby primary schools as well as Sutton Valence prep school being within convenient reach. This property's renovation potential combined with its strategic location makes it an appealing prospect for both buyers seeking their next home or investors looking to capitalize on growth in this tranquil area.

Investment Analysis

(ME17 area)

Below Market Value

This property is priced -31.3% below area average per sq ft

-31.3%
Potential saving
This Property
£268/sq ft
Area Average
£390/sq ft
Avg Rent (weekly)
£339
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£800,756
10% above area average per sq ft
Potential ROI
+46.9%
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

Pye Corner, Ulcombe, Maidstone
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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