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Meehan Road, Greatstone, TN28

South East

£450,000
Listed on 13/02/2026

Property Details

Bedrooms
5
Type
Detached house
Area
1163 sqft

Description

Situated on a spacious plot and mere moments from the beach, this five-bedroom residence offers a unique opportunity for investors or homeowners looking to create their ideal living space. The property is ripe for renovation, presenting an excellent canvas for those interested in modernisation and personalisation. With a layout designed for flexibility, it boasts well-sized rooms that can be reconfigured to meet contemporary preferences. Accessed via a generous driveway suitable for multiple vehicles, this home caters perfectly to families or guests needing extra parking space. Additionally, an outbuilding enhances the property's potential, with possibilities for conversion into guest accommodation, a dedicated office, or a studio space—subject to obtaining appropriate planning permissions. Inside, the home includes practical amenities such as a utility room and two bathrooms while featuring open areas that encourage reimagining the interior layout. The surrounding garden provides ample outdoor space that could be developed further through landscaping or extensions. With its substantial size, favourable location near coastal amenities, and significant renovation potential, this property represents a rare chance to transform it into a distinctive family home tailored specifically to individual tastes.

Investment Analysis

(TN28 area)

Above Market Value

This property is priced +19.5% above area average per sq ft

+19.5%
This Property
£387/sq ft
Area Average
£324/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£414,365
10% above area average per sq ft
Potential ROI
-24.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TN28)

Area prices are stable by +1.2% over the last 12 months
3 year growth: -6.7%
5 year growth: +2.7%
Investment Disclaimer: Analysis based on TN28 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

Meehan Road, Greatstone, TN28
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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
£1,623
Based on a loan of £337,500 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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