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Biggin Street, Dover, CT16

South East

£190,000
Listed on 05/11/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

Presenting a compelling opportunity for investors, this freehold property is strategically located on the well-trafficked Biggin Street in Dover. Currently leased to Vodafone under a five-year agreement initiated in June 2023, the property generates an annual income of £14,400 plus VAT. The building spans three levels, with the ground floor dedicated to a spacious retail area that attracts foot traffic. The upper floors serve as office and storage space, offering versatility in use. Notably, similar properties along this street have received planning permission for conversion into one or two one-bedroom flats. This trend indicates significant potential for development and value enhancement. Potential buyers will appreciate the property's investment viability in a thriving commercial area, alongside prospects for future development or adaptation to changing market demands. For those seeking a dual-purpose strategy—maintaining current tenancy while exploring renovation possibilities—this property represents an excellent foundation. Viewing appointments are encouraged to fully grasp the opportunities this site offers.

Investment Analysis

(CT16 area)
Area Average
£293/sq ft
Avg Rent (weekly)
£229
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (CT16)

Area prices are rising by +2.7% over the last 12 months
3 year growth: -1.9%
5 year growth: 21.5%
Investment Disclaimer: Analysis based on CT16 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

Biggin Street, Dover, CT16
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£696
Based on a loan of £142,500 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