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Merritt Road, Greatstone, New Romney

South East

£325,000

Listed on 03/07/2026

Property details

Bedrooms
3
Type
Semi Detached Bungalow

Description

Nestled in a serene neighbourhood just moments from Greatstone Beach, this three-bedroom semi-detached bungalow presents an investment opportunity with considerable renovation potential. The property is well-maintained yet offers the chance for personalisation and modern upgrades. Its spacious layout features two spacious double bedrooms alongside a single bedroom, perfect for accommodating guests or creating a home office. A bright conservatory serves as a welcoming space to unwind while overlooking the low-maintenance rear garden, which provides a private retreat ideal for outdoor leisure activities. The location is particularly appealing, being close to both the beach and local amenities, enhancing its desirability for families and nature enthusiasts alike. With off-street parking options including a single garage and driveway, convenience is assured. Given its current condition and the desire for modernisation, this bungalow represents a blank canvas ready for transformation into your dream home or as an appealing rental property.

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Investment analysis

(TN28 area)
Area Average
£330/sq ft
Avg Rent (weekly)
£319
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (TN28)

Area prices are rising by +8.3% over the last 12 months
3 year growth: -2.2%
5 year growth: +2.7%
Investment Disclaimer: Analysis based on TN28 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

Merritt Road, Greatstone, New Romney
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Mortgage calculator

£
£
£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,228
Based on a loan of £243,750 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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