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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

This end-terraced two-bedroom house on Richmond Street in Sheerness offers a promising canvas for renovation and personalization. The spacious layout includes two well-proportioned reception rooms, which provide an inviting space conducive to everyday living and entertaining guests. Access to a quaint courtyard garden is granted through double doors, allowing for a seamless indoor-outdoor experience, perfect for enjoying the coastal climate close to the local Blue Flag beach. The property is conveniently situated within walking distance of both primary and secondary schools, making it particularly suitable for families. Additionally, the vibrant town centre, with its array of shops and cafes, lies just five minutes away. While the home requires modernisation, its potential for transformation into a tailored living space makes it an excellent investment opportunity. With affordability in ongoing costs indicated by its council tax band A, this residence could be a wise choice for budget-conscious buyers eager to create their ideal home in a desirable locale.

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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)
£266
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£193,211
10% above area average per sq ft
Potential ROI
-4.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (ME12)

Area prices are stable by -0.4% over the last 12 months
3 year growth: -4.4%
5 year growth: +9.8%
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 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£672
Based on a loan of £133,500 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

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