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Shearwater Avenue, Whitstable

South East

£379,950
Listed on 02/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
988 sqft

Description

This detached bungalow, nestled in a quiet cul-de-sac, presents a promising renovation opportunity in the desirable Shearwater Avenue area. Positioned within a short distance of the beach and the lively town centre, the property benefits from excellent local amenities including reputable schools and transport links such as Whitstable station located just one mile away. The spacious layout comprises a large sitting room, a dining room, kitchen, utility room, two double bedrooms, a conservatory, and a shower room. While the interiors require modernisation to meet contemporary standards, there is significant potential for reconfiguration and enhancement with appropriate permissions. Outside, the manageable rear garden showcases a favourable south-westerly aspect and extends to 36ft (11m), complementing additional off-street parking through a detached garage and driveway. With no onward chain, this property not only promises immediate living but also stands as an attractive investment for those looking to add value through refurbishment.

Investment Analysis

(CT5 area)

Below Market Value

This property is priced -11.0% below area average per sq ft

-11.0%
Potential saving
This Property
£385/sq ft
Area Average
£432/sq ft
Avg Rent (weekly)
£300
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£469,498
10% above area average per sq ft
Potential ROI
+11.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (CT5)

Area prices are falling by +4.4% over the last 12 months
3 year growth: -7.8%
5 year growth: 5.2%
Investment Disclaimer: Analysis based on CT5 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

Shearwater Avenue, Whitstable
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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
£1,392
Based on a loan of £284,962 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