Percy Road, RAMSGATE
South East
£140,000Guide Price
Listed on 24/10/2026
Listed on 24/10/2026
The listing
Property details
Bedrooms
2Type
TerracedArea
904 sqftFeatures
- Garden
Description
Offered at auction, this freehold mid-terrace house is arranged over two floors and is being sold with vacant possession. The accommodation comprises two reception rooms and a kitchen on the ground floor, with two bedrooms and a bathroom/WC upstairs. A separate WC is also listed on the ground floor. There is a rear garden, and the property has an approximate gross internal area of 84 sq m (904 sq ft). The listing describes the house as requiring modernisation, offering scope for a buyer to update it to their requirements. The EPC rating is D and the council tax band is B.
Percy Road is located between Margate Road and St Lukes Avenue. Dumpton Park and Ramsgate mainline stations, local bus services and road links via the A255 and A299 are noted nearby. Shops, cafes and other amenities are available in Ramsgate town centre and around Broadstairs and Ramsgate Harbour, with parks, seafront and beaches also in the wider area. Buyers should review the auction legal documentation and any applicable fees, and verify the property and services independently.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
75out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £140,000, this bay-fronted terrace is priced at about £155 per sq ft against a local average of £291, making the asking price a standout opportunity to acquire well below the local £/sq ft benchmark. It offers a clear, manageable value-add project: refresh the dated but apparently usable interiors, update the older flooring and bring the overgrown rear garden back into use. The fitted kitchen and bathroom are already present, while the front elevation appears generally intact in the available views.
The visible wall discolouration near a window and marks around the bath/window area warrant investigation. The £6,000–£18,000 renovation range suggests a light project, with the garden clearance and any repairs following investigation shaping the final scope. The listing is an auction sale: bidding can take the hammer above the guide, so the eventual price may not stay this cheap.
Key opportunities
- Acquire at a notably low asking price relative to the local £/sq ft average.
- Refresh the dated finishes and older carpets across the photographed living spaces and bedrooms.
- Clear and improve the substantially overgrown rear garden.
Key risks
- Investigate the cause of visible wall discolouration near a window and marks around the bath/window area before setting repair scope.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£529
Based on a loan of £105,000 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.
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Indicative tax based on the asking price and the options you select.
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