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Effingham Street, Ramsgate

South East

£350,000
Listed on 14/02/2026

Property Details

Bedrooms
5
Type
Semi-detached house
Area
2076 sqft

Description

Situated on one of Ramsgate's historic streets, this substantial semi-detached residence spans approximately 2,076 sq ft and features five bedrooms along with a detached annex. The property benefits from off-street parking, a rare convenience so close to the seafront. This home presents an intriguing renovation opportunity for investors or families looking to unlock significant potential in a sought-after coastal location. The prime position allows easy access to the bustling town centre, renowned Royal Harbour, scenic beaches, and local cafes. Additionally, Ramsgate railway station is within walking distance, offering swift transport links to London St Pancras in under an hour and a half. Families will appreciate proximity to quality primary and secondary schools as well as essential amenities like Waitrose & Partners. Internally, the layout is versatile and generous across multiple levels. The ground floor comprises a welcoming lounge, a dedicated dining room, and a spacious kitchen—each space ripe for modernisation and tailored design to create a contemporary family home while preserving original character elements. One of the noteworthy features is the impressive annex (approximately 28'5 x 12'5), which boasts a vaulted ceiling and offers various uses such as an office, studio, guest suite or potential rental income (subject to necessary consents). It opens directly onto the garden area, enhancing privacy and usability. Externally, the rear garden presents a charming brick-and-flint wall offering privacy in this central locale. With off-street parking at the front—a significant perk in this area—the property is offered chain-free and has been cleared for ease of purchase. While some renovation work is required, the layout and desirable location present clear opportunities for value appreciation through thoughtful enhancements.

Investment Analysis

(CT11 area)

Below Market Value

This property is priced -43.0% below area average per sq ft

-43.0%
Potential saving
This Property
£169/sq ft
Area Average
£296/sq ft
Avg Rent (weekly)
£256
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£675,489
10% above area average per sq ft
Potential ROI
+50.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (CT11)

Area prices are stable by +0.1% over the last 12 months
3 year growth: -12.6%
5 year growth: +12.3%
Investment Disclaimer: Analysis based on CT11 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

Effingham Street, Ramsgate
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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
£1,262
Based on a loan of £262,500 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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