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Springfield Avenue, St. Michaels, Tenterden

South East

£250,000
Listed on 01/01/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
863 sqft

Description

This two-bedroom semi-detached bungalow, nestled in the sought-after St. Michaels area of Tenterden, offers a unique opportunity for renovation enthusiasts and investors alike. The property is in need of comprehensive refurbishment, providing a canvas for you to reimagine and enhance the space according to your preferences. Inside, the reception room is generously sized, awaiting your design ideas, while both bedrooms offer comfortable areas for rest. The bathroom awaits a complete overhaul to reflect modern standards and comfort. The exterior features a driveway leading to a single garage, adding convenience and practical storage solutions. A modest private rear garden presents potential for landscaping or gardening aspirations, enhancing outdoor living. Located within a friendly residential enclave and close to local amenities, this bungalow is available with vacant possession and no onward chain, streamlining the acquisition process for prospective buyers. This property holds substantial renovation potential—ideal for first-time buyers ready to invest in their future home or property investors looking for their next project.

Investment Analysis

(TN30 area)

Below Market Value

This property is priced -29.7% below area average per sq ft

-29.7%
Potential saving
This Property
£290/sq ft
Area Average
£412/sq ft
Avg Rent (weekly)
£395
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£390,969
10% above area average per sq ft
Potential ROI
+30.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TN30)

Area prices are rising by +6.2% over the last 12 months
3 year growth: 4.7%
5 year growth: 8.7%
Investment Disclaimer: Analysis based on TN30 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

Springfield Avenue, St. Michaels, Tenterden
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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
£916
Based on a loan of £187,500 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.

Next Steps

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