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Harty Avenue, Wigmore, Kent, ME8

South East

£500,000
Listed on 06/04/2026

Property Details

Bedrooms
4
Type
Bungalow
Area
1461 sqft

Description

This spacious detached four-bedroom bungalow offers a substantial footprint of approximately 1,461.5 sq ft, ideal for those looking to invest in a property with significant renovation potential. Situated on a well-regarded street, the home features a secure gated driveway that provides private off-street parking, enhancing its appeal for families or individuals seeking single-level living. The interior comprises well-sized rooms that are flooded with natural light, though some areas would benefit from modernisation and updates to fixtures and fittings. The layout allows for versatile use of space; the lounge and dining areas can be easily reconfigured to meet contemporary lifestyle demands. This property is being sold chain-free, making it an attractive option for investors and families alike who desire a straightforward acquisition process. The convenience of nearby local amenities combined with excellent transport connections—including close access to major roadways—further underscores the property's investment potential. Nearby recreational areas provide ample activities for outdoor enthusiasts and families. With thoughtful renovations, this bungalow could be transformed into a stylish family home or an attractive rental investment, capitalising on its location within the desirable Medway Towns.

Investment Analysis

(ME8 area)

Below Market Value

This property is priced -4.9% below area average per sq ft

-4.9%
Potential saving
This Property
£342/sq ft
Area Average
£360/sq ft
Avg Rent (weekly)
£304
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£578,636
10% above area average per sq ft
Potential ROI
+5.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
58
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (ME8)

Area prices are stable by +1.8% over the last 12 months
3 year growth: -0.4%
5 year growth: +14.6%
Investment Disclaimer: Analysis based on ME8 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

Harty Avenue, Wigmore, Kent, ME8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,771
Based on a loan of £375,000 over 30 years at 3.91% 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

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