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3 Briars Road, St Marys Bay, Romney Marsh, TN29 - Image 1
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3 Briars Road, St Marys Bay, Romney Marsh, TN29

South East

£400,000
Listed on 07/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This property presents a notable investment opportunity in the sought-after seaside village of St Mary’s Bay, located on the picturesque Romney Marsh. Set within a tranquil cul-de-sac, the site currently houses a bungalow that is poised for redevelopment. Full planning permission has already been secured for the demolition of the existing structure and the construction of three residential units, detailed under planning references 24/1761/FH and 25/0277/FH/CON. For those interested in exploring this further, comprehensive information including architectural plans and stipulations can be accessed via the Folkestone & Hythe District Council planning portal. The proposed design for each residential unit emphasizes modern living with an open-plan layout that seamlessly connects living, dining, and kitchen areas. Each home would feature a study, utility room, and convenient separate WC on the ground floor. The first floor is designed to accommodate three bedrooms, complemented by an en suite and a family bathroom. Additionally, each unit is allocated a driveway suitable for two vehicles along with private rear gardens. Positioned within walking distance to the beach, this property takes advantage of its proximity to local amenities. The vibrant village offers essential services including a public house, convenience store, post office, village hall, and recreational facilities featuring a pavilion for community sporting events. Nearby towns such as Hythe provide further shopping options and educational institutions for all ages. Utilities available at the site include mains water and electricity; additional service details are forthcoming. With planning permission already granted for transforming this site into three modern homes, it stands as an exceptional prospect for builders or investors looking to capitalize on coastal development potential in a desirable location. The property is offered freehold with vacant possession available upon completion, though it should be noted that the seller is not obligated to accept any offer submitted. Given that the plot is enclosed by fencing, viewings on-site are strictly by appointment only—please contact Laing Bennett to schedule your visit.

Investment Analysis

(TN29 area)
Area Average
£336/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£450,000 - £600,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (TN29)

Area prices are falling by +3.2% over the last 12 months
3 year growth: -11.2%
5 year growth: 8.4%
Investment Disclaimer: Analysis based on TN29 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

3 Briars Road, St Marys Bay, Romney Marsh, TN29
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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
£1,465
Based on a loan of £300,000 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