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Castle Street, Dover

South East

£375,000

Listed on 02/06/2026

Property Details

Bedrooms
N/A
Type
Commercial Property
Area
3212 sqft

Description

This Grade II listed period property presents a compelling investment opportunity in the heart of Dover, situated on the historic Castle Street. The building is a part of an elegant mid-19th century terrace, showcasing a classic yellow brick exterior with traditional architectural features and sash windows. Currently divided into separate office suites across the basement, ground, and first floors, it encompasses a range of well-sized rooms that are suitable for professional or administrative use. Additionally, the top floor comprises a self-contained one-bedroom apartment, offering potential for rental income or alternative usage options. With its total area of approximately 3,212 sq ft (298.59 sq m), this property is ripe for renovation and reconfiguration. Possible avenues include maintaining its multi-use function as both office space and residential units or transforming it entirely into apartments or an HMO (House in Multiple Occupation) with the appropriate planning permissions. Notably, modern upgrades such as newly lined drains and a fire alarm system installed in 2025 enhance its appeal. Located within walking distance from Dover’s main retail area and close to Dover Priory railway station—providing High-Speed services to London St Pancras—this property also benefits from its involvement in ongoing regeneration initiatives within the town centre. The diverse vicinity includes professional offices alongside residential accommodations and independent businesses, solidifying its suitability for continued commercial use or potential residential conversion.

Investment Analysis

(CT16 area)

Below Market Value

This property is priced -60.3% below area average per sq ft

-60.3%
Potential saving
This Property
£117/sq ft
Area Average
£294/sq ft
Avg Rent (weekly)
£221
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£1,037,878
10% above area average per sq ft
Potential ROI
+109.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (CT16)

Area prices are stable by +0.4% over the last 12 months
3 year growth: -6.1%
5 year growth: +6.9%
Investment Disclaimer: Analysis based on CT16 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

Castle Street, Dover
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,417
Based on a loan of £281,250 over 30 years at 4.45% 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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