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Bishops Close, Nettlestead, ME18 - Image 1
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Bishops Close, Nettlestead, ME18

South East

£375,000
Listed on 20/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
926 sqft

Description

This spacious three-bedroom semi-detached home in Nettlestead presents a rare opportunity, available for the first time in seven decades. While the property requires comprehensive refurbishment, it features generous room sizes both upstairs and downstairs, laying the groundwork for a transformative renovation. Upon entering, you're greeted by a welcoming hallway that flows into a large dining room and an even more expansive living room, which connects seamlessly to what could easily become a kitchen diner with some reconfiguration. The ground floor also includes a convenient downstairs WC and utility area. Upstairs, you will find three sizable double bedrooms alongside the family bathroom, all of which showcase significant potential for enhancement. Additionally, there is scope to extend into the loft space (subject to planning permission), as demonstrated by neighbouring properties. The exterior boasts an enormous rear garden with ample sunlight, along with a patio area ideal for outdoor gatherings and side access for ease of use. This property is ideal for those seeking a project to truly personalise their home in a desirable location - equipped with vast potential waiting to be unlocked.

Investment Analysis

(ME18 area)

Above Market Value

This property is priced +1.1% above area average per sq ft

+1.1%
This Property
£405/sq ft
Area Average
£401/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£408,051
10% above area average per sq ft
Potential ROI
-10.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Bishops Close, Nettlestead, 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
£1,374
Based on a loan of £281,250 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE