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Alexandra Road, RAMSGATE - Image 1
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Alexandra Road, RAMSGATE

South East

£160,000
Listed on 04/11/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This freehold terrace house, located in a residential area north of Ramsgate Centre, presents an excellent opportunity for renovation and investment. The property offers full vacant possession, allowing for immediate plans to modernize or expand the existing structure, subject to planning permission. Inside, the layout includes two bedrooms and a bathroom on the first floor, while the ground floor features two reception rooms and a kitchen leading to a rear porch. Given its configuration, there is significant potential for reconfiguration or extension to enhance living space and increase value. Outdoors, the property includes a rear garden that can be transformed into an inviting outdoor space. The ability to extend the property further increases its investment appeal, particularly in light of local demand for enhanced housing options. The location is a key advantage, situated near various shopping facilities and recreational activities in both Ramsgate and neighboring Broadstairs. Public transport options are readily available, including bus routes and connections from nearby Dumpton Park station to destinations such as Broadstairs, Margate, Whitstable, and London Victoria via Chatham. This accessibility makes it an appealing choice for both homeowners and renters alike. As this house awaits its next chapter through thoughtful renovations or extensions, it stands out as a promising investment opportunity in a desirable coastal area.

Investment Analysis

(CT11 area)
Area Average
£299/sq ft
Avg Rent (weekly)
£256
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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
6%
Properties sold annually

Local Market Trend (CT11)

Area prices are stable by +1.0% over the last 12 months
3 year growth: -7.3%
5 year growth: 18.4%
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.

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Location

Alexandra Road, RAMSGATE
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