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Alma Street, Sheerness, Kent, ME12

South East

£169,500
Listed on 23/09/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
617 sqft

Description

Presenting a two-bedroom terraced house with significant renovation potential, this property is ideally located to take advantage of excellent public transport links, local schools, and various amenities. Its current condition offers a unique opportunity for first-time buyers or investors eager to create a personalized living space or maximize rental income. Inside, the house features two generous reception rooms that are filled with natural light thanks to their sizable windows. One room overlooks the garden, providing an inviting atmosphere for relaxation or entertaining. The kitchen is equipped with wooden countertops and also benefits from ample daylight, making it a cheerful area for cooking. Direct access from the kitchen to the garden enhances the indoor-outdoor living experience, which could be further developed into an appealing outdoor space. Upstairs, you’ll find two double bedrooms; one is particularly spacious, while the second provides versatility that could accommodate guests or serve as a home office. The exterior includes a garden that presents various possibilities for landscaping or creating an outdoor retreat, adding value to the property in the process. With an EPC rating of D and fitting within Council Tax Band A, this home remains economical for budget-conscious buyers. Given its prime location combined with renovation opportunities, early viewing is advisable to appreciate both the potential of this property and its surroundings fully. Whether you're looking to invest or settle into a new home while customizing it to your tastes, this house represents an excellent option in today's market.

Investment Analysis

(ME12 area)

Below Market Value

This property is priced -8.3% below area average per sq ft

-8.3%
Potential saving
This Property
£275/sq ft
Area Average
£300/sq ft
Avg Rent (weekly)
£261
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£203,372
10% above area average per sq ft
Potential ROI
-2.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (ME12)

Area prices are rising by +5.7% over the last 12 months
3 year growth: 0.3%
5 year growth: 25.1%
Investment Disclaimer: Analysis based on ME12 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

Alma Street, Sheerness, Kent, ME12
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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
£621
Based on a loan of £127,125 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