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Phoenix Drive, Wateringbury, Maidstone, ME18 - Image 1
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Phoenix Drive, Wateringbury, Maidstone, ME18

South East

£450,000
Listed on 21/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
1151 sqft

Description

This four-bedroom detached residence in Wateringbury presents a unique opportunity for renovation and investment. Nestled within the picturesque village, the property boasts convenient access to scenic river walks and local country pubs. The layout features a lounge that flows into a dining area, providing a versatile space suitable for both everyday living and entertaining. The kitchen overlooks a substantial rear garden, which includes potential for expansion (subject to planning permission) and direct access outside. A useful cloakroom/WC on the ground floor enhances practicality. The first floor accommodates four well-sized bedrooms, including a main suite with an en suite bathroom, along with a family bathroom for additional convenience. Outside, the generous garden offers ample room for landscaping or further development, complemented by established shrubs and a patio area ideal for gatherings or relaxation. While currently offering a solid foundation, this property is ripe for modernization and could benefit from updates to various areas, making it an enticing option for those looking to tailor their living space to personal tastes. Furthermore, the driveway parking and garage add to the property's appeal in this desirable community-focused area known for its connectivity to nearby towns and amenities.

Investment Analysis

(ME18 area)

Above Market Value

This property is priced 0.0% above area average per sq ft

0.0%
This Property
£391/sq ft
Area Average
£391/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£495,235
10% above area average per sq ft
Potential ROI
+1.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (ME18)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -7.2%
5 year growth: -4.7%
Investment Disclaimer: Analysis based on ME18 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

Phoenix Drive, Wateringbury, Maidstone, ME18
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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
£1,594
Based on a loan of £337,500 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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