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Main Street, Peasmarsh, TN31

South East

£280,000
Listed on 02/12/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
1098 sqft

Description

This two-bedroom semi-detached family home in Peasmarsh presents an excellent opportunity for buyers looking to invest in a property with significant potential. The layout spans two levels, featuring a welcoming entrance hallway that leads to a spacious lounge equipped with a log burner, ideal for cozy evenings. The adjoining dining area provides access through patio doors to the sizable, level rear garden—an appealing space for family activities and landscaping possibilities. The kitchen includes essential features but may benefit from modernization, while the adjacent utility room adds practical storage options. Upstairs, both generously sized double bedrooms offer views over the garden, along with a bathroom and separate WC that could be updated to enhance functionality. The front garden offers the potential for off-road parking conversion, subject to planning consent, increasing appeal and practicality. With an EPC rating of E, there is scope for energy efficiency improvements as well. This home stands as a blank canvas ready for renovation and personal touches.

Investment Analysis

(TN31 area)

Below Market Value

This property is priced -34.3% below area average per sq ft

-34.3%
Potential saving
This Property
£255/sq ft
Area Average
£388/sq ft
Avg Rent (weekly)
£392
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£468,506
10% above area average per sq ft
Potential ROI
+48.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TN31)

Area prices are falling by +2.2% over the last 12 months
3 year growth: -4.5%
5 year growth: 14.5%
Investment Disclaimer: Analysis based on TN31 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

Main Street, Peasmarsh, TN31
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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
£1,026
Based on a loan of £210,000 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