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Sherwood Drive, Marske-by-the-Sea

North East

£174,950
Listed on 20/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1025 sqft

Description

This three-bedroom semi-detached property in the desirable area of Marske-by-the-Sea presents a unique opportunity for renovation and expansion. Situated on a generous plot along Sherwood Drive, this home features substantial outdoor space that lends itself well to potential extensions or landscaping enhancements, pending planning permissions. The driveway accommodates multiple vehicles, offering both convenience and practicality for families and commuters. Internally, the layout is functional yet ripe for modernization. The entrance hall leads into a spacious kitchen/dining area that could be transformed into a contemporary open-plan living space, ideal for modern family life. The rear-facing lounge provides ample light and could easily connect with the garden for an inviting indoor-outdoor flow. On the first floor, the accommodation includes a sizable master bedroom alongside a second double bedroom and a single bedroom, catering well to families or investors keen on maximizing rental appeal. The existing bathroom offers further scope for updates or reconfigurations. The private rear garden is an additional asset with plenty of room to create your dream outdoor retreat or even consider extending the property itself. Located close to local amenities, reputable schools, and beautiful coastal areas, this property is not just a home but also an investment in potential, awaiting someone with vision to bring it to its full glory.

Investment Analysis

(TS11 area)

Below Market Value

This property is priced -11.4% below area average per sq ft

-11.4%
Potential saving
This Property
£171/sq ft
Area Average
£193/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£217,157
10% above area average per sq ft
Potential ROI
+1.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
44%
Properties sold annually

Local Market Trend (TS11)

Area prices are falling by -6.5% over the last 12 months
3 year growth: +6.5%
5 year growth: +15.9%
Investment Disclaimer: Analysis based on TS11 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

Sherwood Drive, Marske-by-the-Sea
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£631
Based on a loan of £131,212 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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