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St. Johns Avenue, Ramsgate

South East

£160,000
Listed on 04/02/2026

Property Details

Bedrooms
2
Type
Flat
Area
646 sqft

Description

This two-bedroom ground floor flat offers a promising opportunity for those looking to invest in a home that can be tailored to their personal taste. The property, while functional, is in need of modernisation, making it an attractive project for first-time buyers or savvy investors seeking to enhance value through thoughtful renovations. The flat boasts the benefit of a private rear garden, ideal for creating an outdoor retreat, alongside a front garden that adds a layer of privacy. Off-road parking is also available, enhancing convenience. Internally, the living space features a sizeable living room paired with a separate kitchen, both of which offer considerable potential for updating and reconfiguring to create a more contemporary and inviting atmosphere. The accommodation includes two generously sized bedrooms that provide flexibility for various uses – whether as sleeping quarters, an office space, or additional storage. A shower room completes the layout but would gain significantly from modernization to align with current market preferences. Located within easy reach of local amenities and transport links, this flat ensures straightforward access to the town centre and beyond. The property comes with the added benefit of a long lease, providing peace of mind for potential buyers. Offered chain-free, this residence presents an opportunity not only to enter the property market but also to realise its full potential through refurbishment. For those ready to put their own mark on a home in a desirable location, early viewing is highly advised to appreciate what this property has to offer.

Investment Analysis

(CT12 area)

Below Market Value

This property is priced -20.1% below area average per sq ft

-20.1%
Potential saving
This Property
£248/sq ft
Area Average
£310/sq ft
Avg Rent (weekly)
£291
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£220,250
10% above area average per sq ft
Potential ROI
+19.1%
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
22%
Properties sold annually

Local Market Trend (CT12)

Area prices are falling by -6.9% over the last 12 months
3 year growth: -10.1%
5 year growth: +3.7%
Investment Disclaimer: Analysis based on CT12 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

St. Johns Avenue, 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
£577
Based on a loan of £120,000 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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