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Park Road, Sittingbourne, Kent, ME10

South East

£595,000
Listed on 12/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1497 sqft

Description

This prime corner site in the heart of a historic town centre presents a unique investment and development opportunity. Spanning 0.10 acres, the property features detached Victorian office space totaling 1497 sqft, alongside valuable parking facilities and a triple garage/store area. Not only is the building well-maintained with modern amenities such as CAT5 networking, gas central heating, and air conditioning, but it also holds planning permission for the redevelopment of the attached car park into a four-storey apartment building comprising seven residential units (Planning Reference: 25/502380/FULL). Additionally, there is potential to convert parts of the existing office structure into a residential apartment under Permitted Development rights (previous application reference: 21/501565/FULL). This site benefits from excellent visibility on both West Street and Park Road, making it an attractive proposition for developers aiming to capitalize on its central location.

Investment Analysis

(ME10 area)

Above Market Value

This property is priced +18.3% above area average per sq ft

+18.3%
This Property
£397/sq ft
Area Average
£336/sq ft
Avg Rent (weekly)
£279
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£553,127
10% above area average per sq ft
Potential ROI
-34.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
59
Average per month
Market Turnover
46%
Properties sold annually

Local Market Trend (ME10)

Area prices are stable by -1.0% over the last 12 months
3 year growth: -3.2%
5 year growth: +19.7%
Investment Disclaimer: Analysis based on ME10 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

Park Road, Sittingbourne, Kent, ME10
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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
£2,146
Based on a loan of £446,250 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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