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New Road, Sheerness, ME12 1BW

South East

£190,000
Listed on 01/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
710 sqft

Description

This charming 2-bedroom mid-terrace property in Sheerness presents a unique opportunity for those looking to invest in a home with potential. Ideally situated across from a children's play area and recreational fields, the location offers both tranquility and convenience, being just a few minutes from the railway station and the bustling high street filled with shops, cafes, and essential amenities. The interior comprises two spacious reception rooms that provide versatile living options—whether you're entertaining or enjoying family time. The bathroom is conveniently located upstairs, while the rear garden offers a decent size for outdoor activities or personal landscaping projects. Although this property is habitable as-is, it requires some cosmetic updates and garden enhancements to fully unlock its potential. This gives you the freedom to tailor it to your style preferences. With its favorable location for families and professionals alike, this home offers not only comfort but also an exciting canvas for renovation. It's particularly appealing for first-time buyers or anyone seeking a project that can yield long-term benefits in this desirable area of Sheerness.

Investment Analysis

(ME12 area)

Below Market Value

This property is priced -10.7% below area average per sq ft

-10.7%
Potential saving
This Property
£268/sq ft
Area Average
£300/sq ft
Avg Rent (weekly)
£261
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£234,027
10% above area average per sq ft
Potential ROI
+8.8%
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

New Road, Sheerness, ME12 1BW
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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
£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.

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