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Springwood Drive, Ashford TN23 - Image 1
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Springwood Drive, Ashford TN23

South East

£150,000
Listed on 15/04/2026

Property Details

Bedrooms
1
Type
Terraced
Area
420 sqft

Description

This one-bedroom home presents a valuable investment opportunity, brimming with potential for those willing to undertake a renovation project. Perfect for first-time buyers or savvy investors, the property is being sold freehold and with no onward chain, simplifying the purchasing process by eliminating service charges and lease considerations. While the interior requires refurbishment to bring it up to modern standards, it already benefits from double glazing and gas central heating, ensuring a comfortable base as you embark on your updates. The well-proportioned living room, separate kitchen, and spacious double bedroom allow for creative redesign tailored to personal preferences. The courtyard garden offers a manageable outdoor space that can easily be transformed into an appealing retreat or entertaining area. Additionally, off-road parking for one vehicle adds a practical feature that complements this property's appeal. Situated conveniently near local amenities and within two miles of Ashford train station, this location supports both daily living and commuting needs. Given its promising renovation potential, this property is expected to garner significant interest from prospective buyers.

Investment Analysis

(TN23 area)

Above Market Value

This property is priced +4.8% above area average per sq ft

+4.8%
This Property
£357/sq ft
Area Average
£341/sq ft
Avg Rent (weekly)
£312
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£157,450
10% above area average per sq ft
Potential ROI
-10.0%
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

Springwood Drive, 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
£531
Based on a loan of £112,500 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

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