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Otterden Close, Ashford TN23 - Image 1
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Otterden Close, Ashford TN23

South East

£115,000
Listed on 23/04/2026

Property Details

Bedrooms
2
Type
Flat
Area
742 sqft

Description

This two-bedroom top floor flat presents an excellent opportunity for investors or first-time buyers looking to tap into the potential of a renovation project. Featuring an open plan living area that flows onto a private balcony, this property is offered for sale with no onward chain, making it ideal for a quick acquisition. The layout includes two good-sized bedrooms and a shower room, providing ample space to customize as desired. While the property requires refurbishment, its strategic location near local amenities like shops and schools enhances its appeal. Additional benefits include an allocated parking space at the rear, contributing to its practicality in urban living.

Investment Analysis

(TN23 area)

Below Market Value

This property is priced -54.5% below area average per sq ft

-54.5%
Potential saving
This Property
£155/sq ft
Area Average
£341/sq ft
Avg Rent (weekly)
£312
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£12,000 - £18,000
Target Value
£278,161
10% above area average per sq ft
Potential ROI
+109.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (TN23)

Area prices are stable by +1.2% over the last 12 months
3 year growth: -0.7%
5 year growth: +12.2%
Investment Disclaimer: Analysis based on TN23 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

Otterden Close, Ashford TN23
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£407
Based on a loan of £86,250 over 30 years at 3.91% 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

Price History

-11.5% since listed
£115,000£5,000(-4.2%)
27/03/2026
Current price
£120,000£10,000(-7.7%)
22/10/2025
£130,000Initial listing
16/10/2025

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