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Elizabeth Way, Herne Bay

South East

£295,000
Listed on 12/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1279 sqft

Description

This three-bedroom semi-detached house has been cherished by the same family for nearly six decades, and it now presents a prime opportunity for a new homeowner to make it their own. The property is ripe for modernization, allowing for creative renovation possibilities that can enhance both its functionality and aesthetic appeal. With the potential for extensions, subject to planning permissions, this home offers an excellent foundation for those looking to invest in a property with substantial long-term promise. The ground floor features an open-plan lounge and dining area where original parquet flooring lies beneath the existing carpet, ready to be restored. A garden room leads out to a terrace, promoting seamless indoor-outdoor living. Upstairs, the layout includes three well-sized bedrooms complemented by a family bathroom. Although the interiors would benefit from updates, they hold character and charm that can be retained or enhanced according to individual tastes. Set within a desirable residential neighborhood in Herne Bay—known for its vibrant seafront lifestyle—this home is being offered with no onward chain, making it an attractive option for buyers eager to embark on their renovation journey.

Investment Analysis

(CT6 area)

Below Market Value

This property is priced -34.5% below area average per sq ft

-34.5%
Potential saving
This Property
£231/sq ft
Area Average
£352/sq ft
Avg Rent (weekly)
£258
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£495,721
10% above area average per sq ft
Potential ROI
+43.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (CT6)

Area prices are stable by +0.5% over the last 12 months
3 year growth: -5.0%
5 year growth: +4.7%
Investment Disclaimer: Analysis based on CT6 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

Elizabeth Way, Herne Bay
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,052
Based on a loan of £221,250 over 30 years at 3.97% 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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