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Leicester Gardens, Warden, ME12

South East

£230,000
Listed on 18/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
760 sqft

Description

This two-bedroom bungalow presents a unique opportunity for those looking to invest in a property with significant renovation potential. Located in the desirable area of Warden, the residence benefits from close proximity to local schools and the picturesque beaches, making it an attractive location for families and retirees alike. The layout includes a welcoming hallway that leads to a kitchen adjoining an open-plan living and dining area, which is further enhanced by an adjoining conservatory. This space has great potential for modern updates or complete refurbishment, allowing new owners to create a living environment tailored to their personal taste. The two spacious double bedrooms provide ample accommodation, while the large rear garden offers possibilities for landscaping, gardening, or expanding outdoor living areas. As a freehold property, this bungalow not only represents a comfortable home but also serves as an investment opportunity in a thriving community. With demand for properties in this region continuing to grow, enhancements made to this home could yield significant returns. Parking is conveniently available with a driveway, adding practicality to the overall appeal of the property. This bungalow is well-positioned for those seeking both a comfortable residence and an investment venture within an established neighbourhood.

Investment Analysis

(ME12 area)

Above Market Value

This property is priced +1.0% above area average per sq ft

+1.0%
This Property
£303/sq ft
Area Average
£300/sq ft
Avg Rent (weekly)
£261
Avg Yield
4.3%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£250,507
10% above area average per sq ft
Potential ROI
+0.2%
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

Leicester Gardens, Warden, 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
£843
Based on a loan of £172,500 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.

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