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Red Hill, Wateringbury, Maidstone, Kent, ME18

South East

£675,000
Listed on 16/09/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1507 sqft

Description

Nestled in the charming village of Wateringbury, this three-bedroom detached bungalow presents an excellent opportunity for renovation and investment. The property's location offers a delightful combination of rural tranquility and accessible modern conveniences, making it appealing to both families and professionals. Upon entering, you are welcomed by a spacious hallway that effectively divides the home into two main areas, optimizing both family living and social entertaining. To one side, you’ll find three well-sized bedrooms—one complete with an en-suite bathroom—alongside a family bathroom and a separate WC. This arrangement is ideal for comfortable living while still allowing for future reconfiguration or expansion. The left side of the layout features generous entertaining spaces, including a large living room that seamlessly connects to a bright conservatory. This space is perfect for gatherings or simply enjoying peaceful views of the garden. The kitchen is positioned at the rear of the property; while functional as is, it holds great potential for customization to suit your personal style. Outside, the property boasts a sizable driveway with ample parking options extending along the side of the home. The wraparound garden provides a private retreat with versatile outdoor possibilities. Additionally, there is a garage that accommodates one car while offering extra storage space. At the back of the garage, you'll discover a separate area equipped with electricity and plumbing—a perfect setup for a home office, utility room, or creative space. This property not only offers immediate comfortable living but also presents significant potential for renovation and personalization. With its spacious layout and desirable features, it's an ideal candidate for those looking to invest in their forever home or capitalize on future enhancements in this sought-after village location.

Investment Analysis

(ME18 area)

Above Market Value

This property is priced +11.8% above area average per sq ft

+11.8%
This Property
£448/sq ft
Area Average
£401/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£664,075
10% above area average per sq ft
Potential ROI
-8.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
3
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (ME18)

Area prices are falling by +2.9% over the last 12 months
3 year growth: -14.7%
5 year growth: -4.1%
Investment Disclaimer: Analysis based on ME18 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

Red Hill, Wateringbury, Maidstone, Kent, ME18
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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
£2,473
Based on a loan of £506,250 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