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Station Road, New Romney, Kent, TN28 - Image 1
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Station Road, New Romney, Kent, TN28

South East

£240,000
Listed on 25/09/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1082 sqft

Description

This three-bedroom terraced house presents a promising opportunity for renovation and investment, ideally suited for those looking to make their mark. The property is offered with no onward chain, making it a straightforward option for potential buyers. Entering through the hall, you will find an inviting space leading up to the first floor and featuring convenient under-stairs storage. The lounge at the front of the home boasts a traditional bay window and a feature fireplace, creating a cozy focal point. An archway connects this room to the dining area, which includes patio doors that open out to the rear garden—providing an excellent canvas for enhancing indoor-outdoor living. On the upper level, there are three bedrooms that can be tailored to suit various needs, along with a family bathroom that offers further scope for modernization. The good-sized rear garden is predominantly laid to lawn, offering ample space for landscaping or expansion options that could significantly enhance property appeal and value. Situated in a location with access to local amenities and transport links, this residence not only serves as a family home but also holds substantial investment potential in today’s market. With thoughtful updates and improvements, this property has all the characteristics to become a charming haven or a lucrative rental opportunity.

Investment Analysis

(TN28 area)

Below Market Value

This property is priced -32.2% below area average per sq ft

-32.2%
Potential saving
This Property
£222/sq ft
Area Average
£327/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£389,493
10% above area average per sq ft
Potential ROI
+34.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (TN28)

Area prices are rising by +9.7% over the last 12 months
3 year growth: -2.9%
5 year growth: 11.3%
Investment Disclaimer: Analysis based on TN28 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

Station Road, New Romney, Kent, TN28
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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
£879
Based on a loan of £180,000 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