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Richmond Street, Sheerness

South East

£178,000
Listed on 15/05/2026

Property Details

Bedrooms
2
Type
End Of Terrace
Area
593 sqft

Description

Situated in the quaint town of Sheerness, this two-bedroom end-terraced house on Richmond Street represents a compelling opportunity for renovators and investors. With spacious rooms that allow for versatile living arrangements, this property is ideal for small families or professionals seeking to create their perfect home. The entrance opens to two sizable reception areas, exuding a warm ambiance suitable for both relaxation and social gatherings. Double doors provide access to a charming courtyard garden, an attractive feature just moments from the beautiful Blue Flag beach. This home benefits from proximity to local primary and secondary schools, enhancing its appeal for families. A short five-minute walk leads you to the town centre where various shops, cafes, and essential amenities are readily available. The property requires modernisation, offering an exciting blank canvas for potential buyers wishing to infuse their own style and preferences into its design. With a council tax band of A, affordability extends beyond the initial purchase price into ongoing living costs. In conclusion, this two-bedroom end-terraced house presents an excellent investment with significant potential in a desirable location. Seize this chance to transform it into your ideal residence or a valuable rental property.

Investment Analysis

(ME12 area)

Above Market Value

This property is priced +1.3% above area average per sq ft

+1.3%
This Property
£300/sq ft
Area Average
£296/sq ft
Avg Rent (weekly)
£291
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£193,374
10% above area average per sq ft
Potential ROI
-9.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (ME12)

Area prices are falling by -2.3% over the last 12 months
3 year growth: -6.5%
5 year growth: +8.9%
Investment Disclaimer: Analysis based on ME12 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

Richmond Street, Sheerness
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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
£635
Based on a loan of £133,500 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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