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Southwood Road, Ramsgate, Kent, CT11 - Image 1
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Southwood Road, Ramsgate, Kent, CT11

South East

£300,000
Listed on 02/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1703 sqft

Description

This mid-terrace property on Southwood Road offers a distinctive opportunity for renovation and investment across four spacious floors. With three double bedrooms, a cellar, and a loft room, this home boasts ample living space, making it an excellent choice for families or buyers looking to make their mark. Upon entering, you are greeted by a practical entrance porch that leads into a welcoming hallway. The layout features a large bay-fronted lounge that transitions into a generous dining room, providing an ideal setting for gatherings. At the rear of the home, a well-equipped kitchen with substantial storage options includes a walk-in larder, enhancing its functionality. A conservatory connected to the kitchen not only brightens up the space but also offers direct access to the sizable rear garden. One of the property’s standout features is its cellar, accessible from the kitchen. This space consists of a large main area plus additional utility space—perfect for storage or hobbies and ripe for future development subject to necessary permissions. On the first floor, you'll find three double bedrooms, including a particularly roomy primary bedroom at the front of the house. A family bathroom completes this level. The loft adds even more potential; with some creative renovation, it could serve as an extra bedroom or office space. The location enhances this property's appeal significantly. Nestled in an established residential area of Ramsgate, it offers proximity to several reputable schools as well as parks and community amenities that foster a friendly atmosphere conducive to family life. For commuters or those who frequently visit London, Ramsgate railway station is conveniently nearby, offering high-speed services to London St Pancras in approximately 75 minutes. This connectivity allows for easy travel while still enjoying the benefits of coastal living. Furthermore, Westwood Cross Shopping Centre is just a short distance away, providing various shopping and dining options along with recreational facilities like cinemas and supermarkets. In conclusion, this property's combination of size, location advantages, and renovation potential presents an attractive prospect for those looking to invest in a characterful home in Ramsgate.

Investment Analysis

(CT11 area)

Below Market Value

This property is priced -40.7% below area average per sq ft

-40.7%
Potential saving
This Property
£176/sq ft
Area Average
£297/sq ft
Avg Rent (weekly)
£255
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£556,089
10% above area average per sq ft
Potential ROI
+58.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (CT11)

Area prices are rising by +3.2% over the last 12 months
3 year growth: -8.6%
5 year growth: 17.1%
Investment Disclaimer: Analysis based on CT11 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

Southwood Road, Ramsgate, Kent, CT11
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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
£1,099
Based on a loan of £225,000 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