Worst House on the Street Logo
Water Lane, Ospringe, ME13 - Image 1
Water Lane, Ospringe, ME13 - Image 2
Water Lane, Ospringe, ME13 - Image 3
Water Lane, Ospringe, ME13 - Image 4
Water Lane, Ospringe, ME13 - Image 5
Water Lane, Ospringe, ME13 - Image 6
Water Lane, Ospringe, ME13 - Image 7
Water Lane, Ospringe, ME13 - Image 8
Water Lane, Ospringe, ME13 - Image 9
Water Lane, Ospringe, ME13 - Image 10
Water Lane, Ospringe, ME13 - Image 11
Water Lane, Ospringe, ME13 - Image 12
Water Lane, Ospringe, ME13 - Image 13
Water Lane, Ospringe, ME13 - Image 14
Water Lane, Ospringe, ME13 - Image 15

Water Lane, Ospringe, ME13

South East

£200,000

Listed on 06/05/2026

Property details

Bedrooms
2
Type
Terraced
Area
527 sqft

Description

This quaint two-bedroom mid-terrace cottage is nestled in a charming village, offering an excellent prospect for those looking to invest in a property with character and renovation potential. With no onward chain, this home invites quick occupancy for prospective buyers ready to embrace the village lifestyle. Upon entering, you will find a spacious living room that serves as an inviting area perfect for both relaxation and entertaining. The kitchen, adequately sized, has space for dining and could benefit from modernisation to enhance its functionality. The two generously sized bedrooms are complemented by a ground floor bathroom, providing convenient living arrangements that can be reconfigured to suit personal preferences. Outside, the courtyard-style garden presents a lovely space for outdoor enjoyment or gardening projects. This property is particularly suited for individuals or families who appreciate the essence of rural living while seeing possibilities in enhancing and updating their new home. The proximity to local amenities and transport links further adds to its appeal, making it an intriguing project worth considering.

Interested in similar properties?

Get alerted when similar renovation and investment opportunities become available.

Investment analysis

(ME13 area)

Above Market Value

This property is priced +2.9% above area average per sq ft

+2.9%
This Property
£380/sq ft
Area Average
£369/sq ft
Avg Rent (weekly)
£295
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£213,706
10% above area average per sq ft
Potential ROI
-9.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (ME13)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -3.8%
5 year growth: +4.9%
Investment Disclaimer: Analysis based on ME13 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

Water Lane, Ospringe, ME13
Loading map...

Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£756
Based on a loan of £150,000 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.