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Chrysler Avenue, Herne Bay, CT6 - Image 1
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Chrysler Avenue, Herne Bay, CT6

South East

£380,000
Listed on 11/10/2025

Property Details

Bedrooms
1
Type
Detached house
Area
585 sqft

Description

This detached property presents a unique opportunity for investors and homeowners looking to capitalize on its renovation potential. Nestled on a quiet no-through road, the location provides a peaceful retreat while remaining conveniently close to local amenities and picturesque walking routes. Currently, the home features one spacious double bedroom, a modern shower room, and an open-plan kitchen that encourages interaction and social gatherings with its dining space. The design facilitates a warm atmosphere for both cooking and entertaining. Additionally, the property includes two reception rooms; one offers direct access to the garden, creating a tranquil spot to unwind, while the other is an inviting conservatory that showcases sweeping views of Hampton Bay. One of the standout features of this property is its significant development potential. Planning permission has been granted for a luxury three-bedroom, two-bathroom bungalow on this generous south-facing plot. This approval allows for customization that aligns with today’s market demands, making it an attractive proposition for those looking to create their ideal living space or capitalize on a lucrative rental opportunity. The property's idyllic views over Hampton Bay present further advantages for prospective owners interested in holiday letting or Airbnb ventures. The combination of scenic surroundings and accessibility makes it appealing to various renters seeking both leisure and convenience. Additionally, off-street parking enhances the practicality of this property. In summary, this residence is more than just a home; it’s an opportunity for creative transformation and investment. With its desirable location and granted planning permission for expansion, this property stands out as a rare find in today’s market.

Investment Analysis

(CT6 area)

Above Market Value

This property is priced +82.4% above area average per sq ft

+82.4%
This Property
£650/sq ft
Area Average
£356/sq ft
Avg Rent (weekly)
£270
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£229,118
10% above area average per sq ft
Potential ROI
-47.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (CT6)

Area prices are rising by +3.4% over the last 12 months
3 year growth: -3.1%
5 year growth: 10.8%
Investment Disclaimer: Analysis based on CT6 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

Chrysler Avenue, Herne Bay, CT6
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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
£1,392
Based on a loan of £285,000 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