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Grand Drive, Herne Bay

South East

£230,000
Listed on 01/03/2026

Property Details

Bedrooms
N/A
Type
Detached house
Area
811 sqft

Description

Situated in the desirable area of Grand Drive, Herne Bay, this three-bedroom terraced house offers an exciting opportunity for those eager to customize their living space. The property requires comprehensive modernization, providing a perfect blank slate for prospective buyers to personalize according to their taste and lifestyle. The ground floor features separate lounge and dining areas, allowing for comfortable family living and entertaining guests. With vacant possession available and no onward chain, potential homeowners can transition into this property without hassle. The location is particularly appealing, just a short walk from the seafront, offering access to stunning coastal views and a range of local amenities. Whether you enjoy beach walks or exploring nearby shops and cafes, this property is ideally positioned. This house represents more than just a purchase; it is a chance to invest in a vibrant seaside community while creating a unique home. With creativity and effort, this property has the potential to be transformed into a charming retreat in the heart of Herne Bay.

Investment Analysis

(CT6 area)

Below Market Value

This property is priced -20.4% below area average per sq ft

-20.4%
Potential saving
This Property
£284/sq ft
Area Average
£356/sq ft
Avg Rent (weekly)
£263
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£317,677
10% above area average per sq ft
Potential ROI
+17.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (CT6)

Area prices are stable by +1.8% over the last 12 months
3 year growth: -4.4%
5 year growth: +7.7%
Investment Disclaimer: Analysis based on CT6 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

Grand Drive, Herne Bay
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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
£830
Based on a loan of £172,500 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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