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Greenhill Close, Minster, Ramsgate

South East

£240,000
Listed on 30/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
690 sqft

Description

Nestled in a quiet cul-de-sac, this two-bedroom semi-detached bungalow presents a unique opportunity for those looking to invest in a property with considerable renovation potential. Situated in the serene locale of Minster, Ramsgate, the home features a generous reception room that opens up possibilities for modern design and comfortable living. Both bedrooms are well-sized, offering space for customization to fit your lifestyle. While the interior requires modernization, this provides a blank canvas for creative homeowners or savvy investors eager to add value through updates and improvements. The property is offered with no onward chain, facilitating a more efficient transition for new owners. Set on a substantial plot, there’s ample scope for extension, subject to necessary planning permissions. This extra space could significantly enhance the property's appeal in the future rental or resale market. Additionally, the driveway accommodates multiple vehicles and includes a garage, ensuring convenient parking options. The location itself enhances this property’s investment potential; Greenhill Close is not only peaceful but also fosters a strong community spirit. Residents can enjoy easy access to nearby amenities and local shops within walking distance. For commuters, the village's train station offers convenient transport links. This bungalow stands out as an excellent option for those who appreciate both tranquility and potential in their next home purchase. With thoughtful renovations and personalization, it can be transformed into a contemporary haven while benefiting from its prime location within Ramsgate’s charming village atmosphere.

Investment Analysis

(CT12 area)

Above Market Value

This property is priced +12.7% above area average per sq ft

+12.7%
This Property
£348/sq ft
Area Average
£309/sq ft
Avg Rent (weekly)
£292
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£234,303
10% above area average per sq ft
Potential ROI
-19.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (CT12)

Area prices are falling by +3.9% over the last 12 months
3 year growth: -7.3%
5 year growth: 10.8%
Investment Disclaimer: Analysis based on CT12 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

Greenhill Close, Minster, Ramsgate
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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
£879
Based on a loan of £180,000 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