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Bankside, Rye

South East

£205,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
848 sqft

Description

This three-bedroom terrace house presents an excellent opportunity for buyers seeking to invest in a property they can tailor to their preferences. Located in the sought-after area of Rye, this home is conveniently positioned near local shops and amenities as well as Rye train station. The layout comprises a spacious living area that flows into a rear garden, providing ample space for family gatherings and outdoor activities. The entrance hall leads you to a fitted kitchen, while the lounge/dining room at the back invites natural light and offers a direct exit to the private garden. The first floor houses three bedrooms along with a wetroom shower room. With its chain-free status and potential for refurbishment, this property is ideal for those looking to impose their style and create a comfortable family dwelling.

Investment Analysis

(TN31 area)

Below Market Value

This property is priced -37.8% below area average per sq ft

-37.8%
Potential saving
This Property
£242/sq ft
Area Average
£389/sq ft
Avg Rent (weekly)
£371
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£362,579
10% above area average per sq ft
Potential ROI
+48.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (TN31)

Area prices are falling by -4.0% over the last 12 months
3 year growth: -5.2%
5 year growth: +12.0%
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

Bankside, Rye
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£739
Based on a loan of £153,750 over 30 years at 4.06% 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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